Stock index futures pointed to a bounce at the open on Wall Street on Tuesday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.5 percent and Nasdaq 100 futures up 0.7 percent at 0900 GMT (5 a.m. ET).
Car rental firm Avis Budget
A top NYSE Euronext
The U.S. Federal Trade Commission has requested additional information on Israel-based Teva Pharmaceutical Industries Ltd's
Hong Kong Airlines Ltd said it will announce orders for Airbus Industrie
The board of Dutch financial services group ING Groep NV
European stocks were up 0.8 percent in morning trade, adding to the previous session's tentative bounce, helped by Chinese macroeconomic data that fueled gains in Asian equities while a number of investors see attractive valuations after a six-week retreat.
Chinese inflation figures and industrial output provided some relief that the world's second biggest economy would not have to aggressively increase monetary tightening, boosting appetite for risky assets. Analysts said the figures suggested China's economy was slowing down but not too quickly, leaving room for Beijing to focus on fighting inflation.
Asian shares rose after the data, with Tokyo's Nikkei stock average <.225> gaining 1.1 percent. <.T>
China's central bank later increased the reserve requirement ratio for its commercial lenders by 50 basis points.
On the macro front, investors awaited the Producer Price Index, retail sales and business inventory data.
U.S. stocks drifted sideways on Monday, in what is likely a temporary pause in a sell-off brought on by growing fears of another economic downturn.
The Dow Jones industrial average gained 1.06 points, or 0.01 percent, to end at 11,952.97. The Standard & Poor's 500 Index added just 0.85 of a point, or 0.07 percent, to 1,271.83. But the Nasdaq Composite Index dropped 4.04 points, or 0.15 percent, to close at 2,639.69.
(Reporting by Blaise Robinson; Editing by Hans Peters)