US stock futures nudged higher on Tuesday--the first trading session of the year--as markets turn their attention to the latest in geopolitics with little economic news set to shake up sentiment.
Oil prices were narrowly higher with global benchmark Brent Crude up 0.04%, and US crude West Texas Intermediate was up 0.08% recently amid anti-government protests in Iran and ongoing production cuts led by OPEC.
At 9:45 am, data are expected to show the PMI manufacturing index coming in at 55.0 in December vs prior level of 53.9.
In equities, shares of Micronet Enertec ( MICT ) were 26.8% higher pre-bell after the company agreed to sell its Israel-based defense and aerospace subsidiary.
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