* U.S. trade deficit narrows in March, exports bounce back
* Futures: Dow off 14 pts; S&P off 1.5 pt; Nasdaq off 2 pt
* Data showed the U.S. trade deficit narrowed in March asexports rebounded, but the improvement was probably not enoughto help first-quarter growth.
* Shares of Office Depot Inc jumped 10 percent inpremarket trading even as it reported a quarterly loss and saidit would shut at least 400 stores in the United States, hurt bycompetition from e-retailers, mass market chains and drugstores.
* Apple Inc shares were likely to be in thespotlight after the stock traded above $600 for the first timesince late 2012. Shares were flat in premarket trading.
* S&P 500 e-mini futures were down 1.5 points andwere in line with fair value, a formula that evaluates pricingby taking into account interest rates, dividends and time toexpiration on the contract. Dow Jones e-minis lost 14points and Nasdaq 100 e-minis lost 2 points.
* Senior management from U.S. drugmaker Pfizer (NYSE: PFE - news) andBritish pharmaceutical firm AstraZeneca (NYSE: AZN - news) will be calledbefore a British parliamentary committee to answer questions ona potential takeover deal. Last week,AstraZeneca rejected a 63 billion-pound ($106 billion) bid fromPfizer, but the U.S. firm is expected to pursue its efforts toacquire Britain's second-largest pharmaceutical company.
* U.S. stocks ended slightly higher on Monday as data showedstrength in the services sector and Apple shares rallied,boosting the Nasdaq. (Reporting by Angela Moon; Editing by Bernadette Baum)
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