US. Stock index futures were higher Tuesday morning as traders hope for a new earnings season.
At around 04:10 ET, the Dow futures jumped 100 points, indicating a positive open of more than 102 points. The futures of S & P and Nasdaq were also higher.
Overall, market participants are watching the developments on the trade front. US Treasury Secretary Steven Mnuchin told CNBC that tariffs will rise in December, if there is no agreement with China, have a deal, "Mnuchin said Monday
In addition, the US has decided to end the trade negotiations with Turkey The decision followed an earlier announcement by the US to withdraw all US troops from Syria's northern border to Turkey.
Investors are also looking forward to a new earnings season: BlackRock, Citigroup, Goldman Sachs, Wells Fargo and JP Morgan Chase will release their latest performance figures in front of the bell, and United Airlines and Interactive Brokers will also publish their earnings after the ringer.
On the data front, Empire State production figures are expected to be released at 08:30 (CET) .