Morning Brief

After hitting 2 month highs, can stock rally continue?

Key Points

IN THE NEWS TODAY

U.S. stock futures were lower this morning, after the Dow, , and Nasdaq closed Friday at their highest levels in nearly two months, while each turned in a third straight week of gains. (CNBC)

With next week's Fed meeting already in focus, a new survey from the National Association for Business Economics said investors should brace themselves for higher U.S. interest rates. (CNBC)

U.S. oil prices were higher this morning, following their best week since August, depressed crude has surged more than 30 percent since its recent low last month. (CNBC)

, as investors look ahead to Thursday's meeting of the European Central Bank, which was widely expected to ease monetary policy further to help shore up still shaky euro zone growth. (Reuters)

Japan's shares slid even as markets in China gained ground today, as traders digested Friday's better-than-expected U.S. nonfarm payrolls and China's new economic targets announced at the National People's Congress over the weekend. (CNBC)

Former First Lady Nancy Reagan — the influential and stylish wife of President Ronald Reagan, the GOP standard-bearer — died Sunday at her home in Los Angeles. She was 94. (NY Times)

Republican Donald Trump and Democrat Hillary Clinton were leading their competitors by double digits in tomorrow's key Michigan primary, according to a new NBC News/Wall Street Journal/Marist poll.

Hillary Clinton and Bernie Sanders tangled aggressively in Sunday's debate. While Sanders won three states over the weekend, Clinton won one state and retained her wide lead, heading into tomorrow's contests. (AP)

Hillary Clinton told CNBC she isn't seeking a third term of her husband, Bill Clinton, or Barack Obama's — adding her proposals are "pretty revolutionary." Adding to her challenges is the ongoing FBI investigation into her email practices.

GOP presidential candidate Florida Sen. Marco Rubio won Sunday's Puerto Rico primary, his second nominating win. It came a day after front-runner Donald Trump and Texas Sen. Ted Cruz each won two states. (NBC News)

Rubio and Ohio Gov. John Kasich face crucial tests next week, when their home states hold primaries. Former California Gov. Arnold Schwarzenegger endorsed Kasich over the weekend. (Cincinnati.com)

North Korea has threatened to launch an "all-out offensive" and "indiscriminate nuclear strike" against the U.S. and South Korea in retaliation for their joint military exercises. (CNBC)

Email scam artists last week tricked an employee at data storage giant Seagate Technology (STX) into giving away W-2 tax documents on all current and past employees. (KrebsOnSecurity)

Mac users have been targeted by hackers with "ransomware" in what is believed to be the first attack campaign of its kind against users of Apple's (AAPL) operating system. (CNBC)

Amazon (AMZN) is restoring the encryption feature on its Fire tablets, reversing an earlier decision to remove the security option. The move follows criticism from customers and privacy advocates. (Reuters)

Yahoo (YHOO) faces an increasing battle with Starboard Value. The activist investor is pushing for control of the board, , in talks scheduled for this week. (Reuters)

Walt Disney's (DIS) "Zootopia" , garnering $73.7 million in North American ticket sales. That marks the company's fourth biggest March opening weekend on record. (Variety)

Downton Abbey, the top-rated PBS drama and a cultural phenomenon, ended its six-season run Sunday with an array of beginnings. Here's the recap, which contains spoilers. (USA Today)

BY THE NUMBERS

Gasoline prices, following oil's recent move higher, increased by 7 cents over the past two weeks to $1.84 per gallon, according to the latest Lundberg survey.

There are no major economic reports due today, but there's plenty of potentially significant central bank commentary, with Fed Gov. Lael Brainard and Fed Vice Chairman Stanley Fischer both holding appearances in Washington today.

There are no major companies reporting quarterly earnings morning, and retailer Urban Outfitters (URBN) and Shake Shack (SHAK) highlight the rather sparse after-the-bell schedule of profit reports.

STOCKS TO WATCH

AT&T (T) is in the midst of a rate dispute with Univision, which has resulted in the Spanish-language channel being blacked out for customers of AT&T's U-Verse pay-TV service.

Reynolds American (RAI) may be the target of a takeover attempt by British American Tobacco, according to the Sunday Telegraph. BAT already owns a stake in the tobacco producer.

Marvell Technology (MRVL) is open to selling itself, according to a report in the New York Post, with Avago Technologies (AVGO) mentioned as a possible buyer.

UBS (UBS) has won the business of miner BHP Billiton (BHP) from Bank of America (BAC), and poached Coca-Cola (KO) from JPMorgan Chase (JPM), according to a report in London's Sunday Times.

United Continental (UAL) CEO Oscar Munoz is planning to return to his job from medical leave on March 14, after recovering from a heart transplant operation.


WATERCOOLER

After earning a record five MVP awards and, finally, his second Super Bowl trophy, Peyton Manning plans to announce his retirement from the NFL today. (USA Today)

Nate Diaz beat Conor McGregor, the second major upset in Saturday's UFC 196. Meanwhile, Miesha Tate beat Holly Holm, the woman who knocked out Ronda Rousey in November. (AP)