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On the U.S. economic tap, the Labor Department is expected to release the weekly jobless claims report. Initial claims for unemployment benefits likely rose by 3,000 to 215,000 for the week ending February 28. Meanwhile, continued jobless claims for the week ending February 21 possibly increased to 1.850 million. A separate report is expected to show import prices likely edged up 0.2% in January from 0.1% in the prior month, while export prices probably rose 0.3% in January, having posted a similar reading in December.Costco is expected to post a rise in second-quarter revenue, fuelled by strong demand for essentials, including groceries, at its stores. Investors will look for comments on the impact of tariff-led uncertainty on consumer sentiment, updates on supply chain management, pricing as well as annual forecasts.Federal Reserve Vice Chair for Supervision Michelle Bowman is due to speak before the New York Bankers Association on the "Navigating What's Next: Perspective on the Economy and Innovation" event in New York.Supermarket chain Kroger is expected to post a rise in fourth-quarter revenue, as the company ramps up investment in pricing, expanding its private label line, and accelerating its in-store pickup and delivery efforts. Investors will be keen on the strategic direction laid out by new CEO Greg Foran and comments on the health of the consumer.Gap is expected to post a rise in fourth-quarter revenue as turnaround efforts help drive full-price demand for its Old Navy and namesake brands. Investors will watch out for comments on the forecast as discretionary spending remains choppy in the United States.Chipmaker Marvell Technology is expected to report its slowest quarterly revenue growth in a year in the fourth quarter. Investors will be looking for commentary on demand for the company's custom AI chips at a time when Big Tech giants are expected to spend at least $630 billion to build out AI infrastructure this year.On the Latin America front, Brazil's Statistics Agency, IBGE, is expected to release unemployment rate data for January, which likely rose to 5.4% from 5.1% in the prior month. Additionally, the country is likely to post a trade surplus of $4.228 billion for February, after recording a surplus of $4.343 billion in January. Meanwhile, Mexico's statistics agency is expected to report that gross fixed investment likely rose 0.7% in December after posting a rise of 0.4% in the prior month. Mexico's consumer confidence data for February is also due.

(Compiled by Lactus Fernandes in Bengaluru ; Edited by Vijay Kishore)