Major Indexes are poised to open higher Tuesday, recovering from the previous session's selloff, as investors await key economic data and earnings reports in the coming days.

U.S. stocks ended sharply lower on Monday after the Dow Jones Industrial Average finished last week at a record high, as Treasury yields climbed above 4% for the first time since August. The Dow Jones Industrial Average went down 398.

That in turn has sent Treasury yields higher, and the 10-year yield is back above 4% for the first time since August. The two-year Treasury yield also briefly climbed back above 4% Monday, up from just 3.