Investing.com - U.S. stock futures pointed to a higher open on Tuesday, although uncertainty over whether Spain is planning to ask for a full scale sovereign bailout continued to dominate market attention.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.36% rise, S&P 500 futures signaled a 0.55% increase, while the Nasdaq 100 futures indicated a 0.53% gain.
Reuters reported Monday that Spain may be preparing to request a bailout as early as next weekend, but Germany is urging Madrid to wait.
In addition, investors were eying the outcome of Moody's review of Spain's rating, which could see Madrid's credit standing cut to junk status.
Market sentiment remained supported however, after data on Monday showed that U.S. manufacturing activity expanded in September for the first time in four months, easing concerns over a slowdown in global growth.
Tech stocks were expected to be active, after Samsung Electronics said earlier that Apple's iPhone 5 infringes its patents, escalating a global fight over mobile devices after winning a court order lifting a ban on U.S. sales of the Galaxy Tab 10.1 tablet computer.
The South Korean company added claims to an existing patent-infringement lawsuit between the two tech giants in a federal court in California.
The financial sector was also likely to be in focus, as the New York Attorney General filed a civil fraud lawsuit against JPMorgan on Monday over mortgage-backed securities packaged and sold by Bear Stearns.
The U.S. lender edged down 0.12% in pre-market trade.
Elsewhere, Boeing's engineers and technical workers rejected a pay offer late Monday, as talks resumed Tuesday for labor agreements covering 23,000 workers.
The union and Boeing had agreed before the ballots were counted that if the contract offer was voted down they would continue discussions on a deal to replace two labor agreements that expire on October 6. Shares in the aircraft giant were up 0.23% pre-market.
Across the Atlantic, European stock markets were higher. The EURO STOXX 50 climbed 0.65%, France’s CAC 40 rose 0.27%, Germany's DAX advanced 0.47%, while Britain's FTSE 100 added 0.22%.
During the Asian trading session, Japan’s Nikkei 225 Index edged down 0.12%, while markets in Hong Kong remained closed for a public holiday.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.36% rise, S&P 500 futures signaled a 0.55% increase, while the Nasdaq 100 futures indicated a 0.53% gain.
Reuters reported Monday that Spain may be preparing to request a bailout as early as next weekend, but Germany is urging Madrid to wait.
In addition, investors were eying the outcome of Moody's review of Spain's rating, which could see Madrid's credit standing cut to junk status.
Market sentiment remained supported however, after data on Monday showed that U.S. manufacturing activity expanded in September for the first time in four months, easing concerns over a slowdown in global growth.
Tech stocks were expected to be active, after Samsung Electronics said earlier that Apple's iPhone 5 infringes its patents, escalating a global fight over mobile devices after winning a court order lifting a ban on U.S. sales of the Galaxy Tab 10.1 tablet computer.
The South Korean company added claims to an existing patent-infringement lawsuit between the two tech giants in a federal court in California.
The financial sector was also likely to be in focus, as the New York Attorney General filed a civil fraud lawsuit against JPMorgan on Monday over mortgage-backed securities packaged and sold by Bear Stearns.
The U.S. lender edged down 0.12% in pre-market trade.
Elsewhere, Boeing's engineers and technical workers rejected a pay offer late Monday, as talks resumed Tuesday for labor agreements covering 23,000 workers.
The union and Boeing had agreed before the ballots were counted that if the contract offer was voted down they would continue discussions on a deal to replace two labor agreements that expire on October 6. Shares in the aircraft giant were up 0.23% pre-market.
Across the Atlantic, European stock markets were higher. The EURO STOXX 50 climbed 0.65%, France’s CAC 40 rose 0.27%, Germany's DAX advanced 0.47%, while Britain's FTSE 100 added 0.22%.
During the Asian trading session, Japan’s Nikkei 225 Index edged down 0.12%, while markets in Hong Kong remained closed for a public holiday.