Stock markets in Europe made modest gains on Tuesday amid hopes that European financial leaders will agree to help Greece tackle its spiraling deficit at a meeting later this week.
During afternoon European trade, France’s CAC 40 was up 0.14%; Germany's DAX rose 0.3%; Britain's FTSE 100 was up 0.53%; and the EURO STOXX 50 rose 0.23%.
Fears that debt in Greece, Portugal and other peripheral euro zone nations could undermine a global recovery have sapped confidence from stock markets in recent weeks.
The outlook for U.S. markets, meanwhile, was rosy as Dow Jones Industrial Average futures indicated a rise of 0.9%, S&P 500 futures pointed to an increase of 1.08% and Nasdaq 100 futures indicated a rise of 0.99%.