(RTTNews) - U.S. stock futures suggests nervousness ahead of a key parliament vote in Greek on austerity measures- a much needed approval to implement measures to appease Eurogroup officials before they can release further financing for the beleaguered nation.
As of 6:30 am ET, the Dow futures are rising 33 points, the S&P 500 futures are advancing 4.70 points and the Nasdaq 100 futures are gaining 9 points.
U.S. stocks advanced for a second straight day on Tuesday, as optimism concerning Greece successfully navigating through the parliament vote increased.
The major Asian markets ended mostly higher, with the buoyancy seen on Wall Street overnight, a positive industrial output data out of Japan and a rebound in commodity prices helping sentiment. Meanwhile, the Chinese market retreated sharply, with the Shanghai Composite receding over 1 percent. Hong Kong's Hang Seng Index ended flat.
Japan's Nikkei 225 average opened notably higher and moved roughly sideways for the rest of the session, closing up 148.28 points or 1.54 percent at 9,797, its closing level since May 11th.
The European markets are advancing strongly for a second straight session, with the major averages in the region trading with gains in excess of 1 percent each.
The Greek parliament is set to vote on austerity measures following 3 days of deliberations amid a lot of opposition from the public. The results of the vote are expected around 8 am ET.
Commodities are gaining further amid the weakening of the dollar.
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“small step for man”