U.S.stock index futures were higher Tuesday, as traders continued to digest a handful of news from Greece.
In the latest development in Europe, China renewed its commitment to investing in euro zone debt. Assurances from China came via Central Bank Governor Zhou Xiaochuan, who said the nation also would play a role in helping Europesnap back from its sovereign debt crisis.
Menawhile, the euro slipped amid reports that the euro zone finance ministers may delay bailout payments to Greece, while still avoiding a disorderly default.
Germany's gross domestic product shrank by less than expected, while the euro zone economy shrank, but a north-south divide was evident as France grew while Italy contracted.
On the economic front, the Empire State survey, the monthly gague of manufacturing in the state of New York, improved more than expectedto 19.53 in February. Analysts had expected a reading of 13.48, according to a Reuters Poll.
U.S. industrial production was unexpectedly flat in January, according to a Federal Reserve report. Economists polled by Reuters expected industrial production to increase 0.7 percent. Meanwhile, the Fed revised December's industrial production to show a 1 percent gain instead of the previously reported 0.4 percent increase.
Among earnings, Comcast rallied in premarket trading after the parent company of NBCUniversal reported earnings of 47 cents a share while hiking its dividendand announcing a share buyback program.
CBS , NetApp and Nvidia are among companies that are slated to post results after-the-bell tonight.
Bank of America shares continued to rise even as analysts pile on the company with doubts that its surge over the past two months is sustainable. Bernstein Research cut BofA to "market perform" on fears that the company has little earnings power in 2012.