1. Global markets edge higher

U.S. stock futures are rising again, though the gains are rather small.

The main indexes - the Dow Jones industrial average, S&P 500 and Nasdaq - are not far from all-time highs.

European markets are all rising in early trading, with oil companies leading the pack.

Asian markets are closing out the day with mixed results, though the moves were rather muted.

2. Oil surges on OPEC optimism

Oil prices are surging by roughly 5% based on expectations that some of the world's biggest oil producers will agree to cut output during a Wednesday OPEC meeting in Vienna.

The key will be whether Saudi Arabia -- OPEC's de facto leader -- can convince Iran and Iraq to join the accord.

Iraq's oil minister told journalists at the meeting: "There will be a deal."

The group had agreed, in principle, to cut production in September. But now they have to sign the dotted line, which is easier said than done.

Crude oil futures are now trading around $47.50 per barrel.

3. Economics

ADP will report how many private-sector jobs were created in the U.S. economy in November at 13:15GMT.

The U.S. Bureau of Economic Analysis will release October data on personal income and spending at 13:30GMT.

And then the Federal Reserve will release its Beige Book for October at 19:00GMT.

In India, economists are expecting the country will report impressive economic growth figures at 12:00GMT. Many expect the economy grew 7.5% during the third quarter.

Also coming this week:

Thursday - Auto sales

Friday - U.S. NFP jobs report

4. Trump builds team

President-elect Donald Trump is set to appoint key members of his economic team, with the announcements expected Wednesday.

Billionaire investor Wilbur Ross is Trump's pick for Commerce secretary, two sources tell CNN.

And Steven Mnuchin, a former Goldman Sachs (GS) exec turned Hollywood producer, will be named Treasury secretary, according to an official briefed on the decision.