Wall Street looked set for a higher open on Wednesday, with trade seen quiet due to Veterans Day in the U.S. and Armistice Day in most of Europe.
U.S. bond markets are unofficially closed.
"Markets will be short-staffed, quiet and largely devoid of news," said Kit Juckes, macro strategist at Societe Generale, in a report on the day.
No major economic data is due. Macy's posted better-than-expected earnings per share but missed revenue expectations.
Shares of Macy's shares have fallen nearly 30 percent so far this year as traditional retailers struggle to compete with online stores.
Other stocks to watch on Wednesday include Alibaba. The New York Stock Exchange-listed company said that just halfway through this year's "Singles' Day" shopping event in China, it had already trumped last year's record sales result. It generated $10 billion gross merchandise volume within 14 hours of the day starting at midnight on Wednesday in China.