Stock futures point to mixed start
In Europe, the benchmark FTSEurofirst 300 index is up 0.5 percent by 0925 GMT, buoyed by commodity stocks.
On Wall Street, Texas Instruments is likely to be in focus on the back of a 5.2 percent rise in its share price in after-hours trading on Monday following the company's second-quarter revenue and earnings outlook upgrade.
Eyes also on General Electric Co after its GE Aviation unit, the world's largest maker of jet engines, said it expects orders this year to halve as airlines slow plane orders.
Another stock possibly in the limelight is Men's Wearhouse Inc , which rose 9 percent after Monday's closing bell after the clothing retailer's first-quarter results beat market expectations.
No S&P 500 companies are scheduled to report results.
The day's top economic diary event is April wholesale inventories due at 1400 GMT (10 a.m. EDT).
Treasury Secretary Timothy Geithner testifies to a Senate Appropriations subcommittee on the Treasury Department's budget request at 1430 GMT (10:30 a.m. EDT).
(Reporting by Peter Starck; editing by Mike Nesbit)