Baker Hughes, M&T Bank, Regions Financial, Allegheny Technologies, MGIC Investment, CA, Interactive Brokers, Pinnacle Financial and Woodward also posted earnings.
U.S. equities are also likely to be given a lift amid speculation that the ECB will announce a full-scale bond-buying program when it meets on Thursday.
Tuesday also brings the NAHB Housing Market Index for January at 10:00 am ET, which is expected to rise only fractionally to within touching distance of September's post-crisis high of 59, which is likely to be good news for U.S. builders as housing market conditions appear to remain fairly solid for now.
Meanwhile, Federal Reserve Governor Jerome Powell will be speaking Tuesday in Washington.
The International Monetary Fund trimmed its global growth forecast for 2015-16 in its World Economic Update published on Tuesday, cautioning that the boost from lower crude oil prices would be offset by dimmer economic prospects for China, Russia, the euro area, Japan and oil producers.
The IMF projected the world economy would expand by 3.5 percent this year and 3.7 percent next year, picking up from 3.3 percent in 2014 but lower than its previous estimates.
The fund's forecast comes as the World Economic Forum Annual Meeting kicks off in Davos, Switzerland, bringing together heads of state and around 2,000 business leaders for a four-day event.