U.S. Market Look Ahead: Apple Closes Above $500

6:00 AM ET Tue, 14 Feb 2012

Apple's stock closed above $500 for the first time yesterday resulting in a gained $100 billion in its market cap; traders will be watching retail sales figures before the bell as a measure of consumer spending, and investors have their eyes on Europe, where headlines from Greece and the aftermath of Moody's one-notch downgrade of Italy and Portugal and two-notch cut of Spain could move the market, reports CNBC's Jackie DeAngelis.