Strong quarterly reports from JPMorgan Chase & Co. and Intel Corp. are set to boost U.S. stocks at the opening Wednesday.
Overseas markets were also on the rise, driven by a report showing the decline in Chinese exports is slowing.
JPMorgan Chase, which kicked off quarterly earnings among the major U.S. banks, topped analysts' forecasts with a third-quarter profit of $3.6-billion (U.S.). That followed a better than expected report late Tuesday from Intel, whose forecast for sales in the fourth quarter also bested estimates.
About 90 minutes before North American markets open, Dow Jones industrial average futures were up 1.2 per cent, or 117, at 9,926, while S&P 500 futures jumped 1.4 per cent to 1,083.60.