Markets here pointed modestly higher open after Shanghai rose 4.5%, Tokyo up 1.8% and Hong Kong climbs 1.9%.
Energy stocks helped fuel the overseas moves after crude’s big gain yesterday, and prices are easing a bit this morning.
A few pieces of meaty economic data due, beginning with weekly jobless claims at 8:30am; August Philly Fed manufacturing index at 10:00am, should be interesting after big gain in NY Fed manufacturing data Monday; and July Conference Board LEI also at 10:00am.
S&P futures up 4.50; DJ futures up 26. Ten-year flat, yield at 3.46%.