Ahead of the start of regular trading on Tuesday, Dow Jones industrial average index futures were up 0.4%, the Standard & Poor's 500 index futures were up 0.3% and Nasdaq composite index futures were up 0.5%.
On Friday, the Dow Jones industrial average closed up 41.55 points, 0.3%, to 16,458.56. The Standard & Poor's 500 index finished down 7.19 points, 0.4%, at 1,838.70. The tech-laden Nasdaq composite index closed down 21.11 points, 0.5%, to 4,197.58.
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Investors will be watching earnings reports from heavy-hitters such as Johnson & Johnson, Verizon, Delta Airlines and Halliburton to be released Tuesday.
Verizon climbed 0.9% in pre-market trading after posting fourth-quarter profit that beat estimates.
World stocks were buoyed by an injection of extra credit into China's financial system from its central bank, helping to offset concern about slower Chinese growth. Analysts say investors are also looking ahead to U.S. corporate earnings and the Federal Reserve's next meeting Jan 29.
World political and economic leaders are arriving Tuesday in Davos, Switzerland for the annual World Economic Forum meeting. Treasury Secretary Jacob Lew will be among the attendees.
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In Asia, Japan's Nikkei 225 index closed up 154.28 points, or 1%, to 15,795.96. The Shanghai Composite index finished up 17.06 points, or 0.9%, to 2,008.31 and Hong Kong's Hang Seng index closed up 104.17 points, or 0.5%, to 23,033.12.
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Major European benchmarks were also higher. Britain's FTSE was up 0.2%,Germany's DAX was up 0.5% and France's CAC-40 was up 0.4%.
Contributing: The Associated Press
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