Reuters - (Reuters) -- Stock futures pointed to a slightly lower open on Wall Street on Monday, as gloomy comments by U.S. and European policymakers overshadowed hopes that U.S. President-elect Barack Obama's plan for massive tax cuts will help revive economic growth.

AP - Hong Kong's key stock index rose 3.5 percent Monday, lifted by Wall Street's strong finish and hopes for more government measures to boost China's economy.

AFP - The London stock market opened higher on Monday after global markets started the new year on Friday with a strong advance despite more gloomy economic news.

AP - Share prices on the London Stock Exchange were higher at midday Monday.

AFP - World stock markets rose on Monday, with Tokyo hitting the highest level for almost two months as investors hoped that the US economy would start to recover this year after a dire 2008.

AP - European stock markets were mixed Monday despite hefty gains earlier in Asia as traders took profits on gains built up over the Christmas and New Year's holidays.

Bloomberg - Jan. 5 (Bloomberg) -- The U.S. Securities and Exchange Commission may come under fire from lawmakers today for failing to quash Bernard Madoff’s alleged $50 billion Ponzi scheme after an investor alerted the agency to the suspected fraud.

AP - Wall Street is proceeding cautiously into the first full week of 2009. Stocks are down in early trading as investors await a reading on construction spending and examine a tax-cut proposal by president-elect Barack Obama.

AP - European stock markets fell modestly Monday ahead of an expected drop on Wall Street as traders took profits on gains built up over the Christmas and New Year's holidays.

AP - Caution returned to Wall Street Monday as investors gave back some gains from last week's rally even as they found some encouragement from a report that construction spending fell less than forecast. They were also upbeat about President-elect Barack Obama's calls for an economic stimulus package that could include tax cuts.

AP - U.S. and European stock markets fell Monday despite an earlier rally in Asia as traders took profits on gains built up over the Christmas and New Year's holidays.

AP - Caution returned to Wall Street Monday as investors gave back some gains from last week's rally even as they found some encouragement from a report that construction spending fell less than forecast. They were also upbeat about President-elect Barack Obama's calls for an economic stimulus package that could include tax cuts.

AP - World stock markets were mixed Monday as investors started the first full trading week of the New Year, relieved that 2008 is behind them but fully aware that the economic picture around the world is grim and will likely remain so for quite some time.

AFP - Shares in London ended higher on Monday after global markets advanced in the new year despite more gloomy economic news.

AP - Share prices on the London Stock Exchange were higher at close Monday.

AP - Caution returned to Wall Street Monday as investors gave back some gains from last week's rally even as they found encouragement from President-elect Barack Obama's calls for an economic stimulus package.

AP - Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

Reuters - North American fertilizer company Mosaic Co said on Monday its quarterly profit jumped, boosted by rising potash and phosphate sales, but said it would cut output and expected weak results for its current quarter.

AP - Asian stock markets were mostly higher Tuesday, shrugging off lackluster trade in the U.S. and Europe amid growing optimism the world economy will recover later this year.