Sentiment about Europe continued to improve on Tuesday, after U.S. indexes climbed back on Monday from a weak opening. Late on Monday, 25 out of 27 nations signed a deal agreeing to the outlines of a deal meant to tackle their debt problems and hold the union together. European stocks made solid gains, with the French CAC 40 up 1.5%.
Dow futures rose 47 points to 12,649; S&P 500 futures rose 5.3 points to 1,314.2.
Exxon Mobil (XOM) fell 1% in pre-market action after beating Street earnings estimates and announcing fourth quarter production fell 9%. Pfizer (PFE) fell 0.6% on a mixed earnings report. UPS (UPS) beat earnings expectations and shares rose 1.2%. Eli Lilly (LLY) rose 2.8% after earnings.
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