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Earnings set to dominate Wall Street trade

U.S. stock-index futures pointed to a higher open on Tuesday, with trading to resume after a holiday weekend and as Wall Street considers earnings from companies including Verizon Communications.

Shares of jumped in premarket trading on news Dan Loeb's Third Point had in the company, and was calling for a strategic review.

Verizon rose after the telecommunications company tallied fourth-quarter profit that topped expectations.

Verizon's earnings were of particular interest after it announced plans to purchase 's media division, which develops cloud TV products and services. The deal is expected to be completed early in the first quarter of 2014.

Other companies reporting earnings Tuesday include Johnson & Johnson, Texas Instruments and . In total, about one quarter of companies will unveil earnings this week, following Monday's Martin Luther King holiday.


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