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On the U.S. economic front, the Labor Department's Bureau of Labor Statistics will report non-farm payrolls, which are forecast to have increased by 130,000 jobs in April, down from 228,000 job additions in March. Meanwhile, private payrolls are expected to have grown by 125,000 jobs in April, following an increase of 209,000 jobs in the previous month. The unemployment rate is expected to remain unchanged at 4.2% for April. Additionally, average hourly earnings likely inched up 0.3% in April, while, on an annual basis, average hourly earnings are forecast to rise 3.9%. Lastly, factory orders are expected to rise 4.5% in March, a notable jump from the 0.6% increase in February.

Exxon Mobil, the largest U.S. oil producer, is expected to post a rise in first-quarter profit compared to the fourth quarter.

Chevron is expected to report first-quarter results before markets open. Investors will be on the lookout for any commentary on recent commodity price volatility and its impact on the company's financial and output guidance for the year. The market will also be keen on updates regarding its pending takeover of Hess Corp and Venezuela operations.

Apollo Global is scheduled to report its first-quarter results. Analysts expect the buyout giant to report higher profit, thanks to asset sales and a stronger insurance business.

Cigna is expected to report first-quarter results before markets open. Investors are expected to look out for its medical costs and changes to its annual forecast.

Cboe Global is expected to report a jump in first-quarter profit next week as the exchange operator benefits from market volatility stemming from uncertainty over U.S. trade policy.

DuPont is expected to report a rise in first-quarter profit. Investors will be on the lookout for updates on its plans to spin off its electronics business and exposure to tariffs.

In Latin America, S&P Global Manufacturing PMI figures for Brazil and Mexico will be on the radar. Separately, the central bank of Argentina is set to announce its interest rate decisions.

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(Compiled by Kumar Satyam; Edited by Vijay Kishore)

((Kumar.Satyam@thomsonreuters.com;))