Wall Street was indicated to open higher on Monday, with futures for the S&P 500 up 0.33 percent, Dow Jones futures up 0.29 percent and Nasdaq 100 futures up 0.48 percent at 0721 GMT.
Asian and European shares started the second quarter with gains after surprisingly firm China manufacturing data eased worries of a hard landing, though continuing signs the world's second biggest economy was losing steam put a cap on gains.
Data on Sunday showed China's official Purchasing Managers' Index, which covers large factories, jumped to an 11-month high of 53.1 in March, beating forecasts.
The oil sector will be in the spotlight on Monday, with French oil major Total
Argentina's government has made the decision to take control of leading energy company YPF
A Brazilian prosecutor requested an injunction this week barring U.S. oil company Chevron
On the macro front, investors will be watching the U.S. Institute for Supply Management's March manufacturing index, due at 1400 GMT. Economists in a Reuters survey expect a reading of 53.0 versus 52.4 in February. The market also awaited construction spending for February, due at 1400 GMT.
On the M&A front, DBS Group Holdings
U.S. stocks closed their strongest quarter in more than two years on a positive note on Friday, led by recently underperforming sectors, including energy and health care.
The Dow Jones industrial average <.DJI> gained 66.22 points, or 0.50 percent, to 13,212.04 at the close. The S&P 500 Index <.SPX> gained 5.19 points, or 0.37 percent, to 1,408.47. The Nasdaq Composite <.IXIC> dipped 3.79 points, or 0.12 percent, to 3,091.57.
(Reporting by Blaise Robinson; Editing by John Stonestreet)