Investing.com - U.S. stock futures were higher on Tuesday, as market sentiment strengthened after German lawmakers approved Greece’s second bailout and ahead of the European Central Bank’s liquidity operation on Wednesday.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a rise of 0.33%, S&P 500 futures signaled a 0.36% increase, while the Nasdaq 100 futures indicated a 0.36% gain.
Sentiment was boosted as markets looked ahead to Wednesday's launch of the ECB’s second three-year long-term refinancing operation, after a similar liquidity injection in December eased pressure on peripheral euro zone bond markets.
On Monday, Germany’s parliament approved the euro zone’s second bailout for Greece by a comfortable margin. The vote came as ratings agency Standard & Poor’s that it had cut Greece’s long term credit rating to 'selective default' after the country embarked on a debt swap deal with its private creditors.
Car makers were expected to be active as General Motors is in advanced talks to buy a small stake in French automaker PSA Peugeot Citroen as part of a proposed strategic alliance in Europe and elsewhere.
Financial stocks were also slated to move ahead of the ECB liquidity move and after Bank of America Corp’ victory when a U.S. appeals court ruled that a proposed USD8.5 billion settlement with investors in mortgage-backed securities should be reviewed in New York state court, not federal court. The bank saw shares add 0.12% in pre-market trade.
Meanwhile, online travel agency Priceline.com on Monday reported a stronger-than-expected fourth-quarter profit as the value of its bookings gained more than 50% from a year ago, sending its shares up 6.67% in pre-market trade.
Yahoo shares also rose 0.13% in after hour trade after demanding licensing fees from Facebook for use of its technology, potentially engulfing social media in the patent battles and lawsuits raging across much of the tech sector.
Elsewhere, McDonald's Corp was also in focus after the world's biggest hamburger chain said it planned to increase the number of franchised stores in China as it ramps up expansion in one of the world's fastest-growing consumer markets.
Across the Atlantic, European stock markets were higher. The EURO STOXX 50 climbed 0.48%, France’s CAC 40 rose 0.44%, Germany's DAX advanced 0.48%, while Britain's FTSE 100 added 0.16%.
During the Asian trading session, Hong Kong's Hang Seng Index rallied 1.15%, while Japan’s Nikkei 225 Index rose 0.92%.
Later in the day, the U.S. was to produce official data on durable goods orders, as well as industry data on house price inflation and consumer confidence.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a rise of 0.33%, S&P 500 futures signaled a 0.36% increase, while the Nasdaq 100 futures indicated a 0.36% gain.
Sentiment was boosted as markets looked ahead to Wednesday's launch of the ECB’s second three-year long-term refinancing operation, after a similar liquidity injection in December eased pressure on peripheral euro zone bond markets.
On Monday, Germany’s parliament approved the euro zone’s second bailout for Greece by a comfortable margin. The vote came as ratings agency Standard & Poor’s that it had cut Greece’s long term credit rating to 'selective default' after the country embarked on a debt swap deal with its private creditors.
Car makers were expected to be active as General Motors is in advanced talks to buy a small stake in French automaker PSA Peugeot Citroen as part of a proposed strategic alliance in Europe and elsewhere.
Financial stocks were also slated to move ahead of the ECB liquidity move and after Bank of America Corp’ victory when a U.S. appeals court ruled that a proposed USD8.5 billion settlement with investors in mortgage-backed securities should be reviewed in New York state court, not federal court. The bank saw shares add 0.12% in pre-market trade.
Meanwhile, online travel agency Priceline.com on Monday reported a stronger-than-expected fourth-quarter profit as the value of its bookings gained more than 50% from a year ago, sending its shares up 6.67% in pre-market trade.
Yahoo shares also rose 0.13% in after hour trade after demanding licensing fees from Facebook for use of its technology, potentially engulfing social media in the patent battles and lawsuits raging across much of the tech sector.
Elsewhere, McDonald's Corp was also in focus after the world's biggest hamburger chain said it planned to increase the number of franchised stores in China as it ramps up expansion in one of the world's fastest-growing consumer markets.
Across the Atlantic, European stock markets were higher. The EURO STOXX 50 climbed 0.48%, France’s CAC 40 rose 0.44%, Germany's DAX advanced 0.48%, while Britain's FTSE 100 added 0.16%.
During the Asian trading session, Hong Kong's Hang Seng Index rallied 1.15%, while Japan’s Nikkei 225 Index rose 0.92%.
Later in the day, the U.S. was to produce official data on durable goods orders, as well as industry data on house price inflation and consumer confidence.