U.S. stock futures on Tuesday inched higher as Wall Street attempted to shake off persistent worries about the health of Deutsche Bank.
Darden Restaurants Inc.'s stock gained premarket after the operator of Olive Garden reported earnings that beat expectations. Investors also were keeping an eye out for Brexit news, as the pound plunged to a 31-year low, helping U.K. stocks surge to a record.
Dow Jones Industrial Average futures inched up by 18 points, or 0.1%, to 18,173, while S&P 500 futures declined by 1.05 point, or less than 0.1%, to 2,154.25.
Nasdaq-100 futures tacked on 6.50 points, or 0.1%, at 4,872.25.
"It's a relatively quiet day in terms of economic data," said Jamieson Blake, retail sales manager at ADS Securities London, in a note. "Fears over Deutsche Bank continue to ebb, and although there's still some risk here, markets have rejected the fear we saw at the end of last week."
On Monday, the S&P 500 and Dow both closed 0.3% lower, with blame going to worries over Deutsche Bank (DBK.XE) (DBK.XE), as well as concerns about the U.K.'s plan for exiting the European Union.
Deutsche Bank's stock recently traded moderately higher in Frankfurt, where trading had been closed on Monday for a German holiday.
Last week, the German lender's stock had been dragged sharply lower on fears about the U.S. Justice Department seeking a $14 billion settlement its sale of mortgage-backed securities. Share have recovered somewhat amid reports that the actual penalty won't be as severe.
Other markets: The British pound dropped sharply to trade on Tuesday at its lowest levels against the dollar since 1985, as the aftermath of Brexit continued to take hold, pushing the currency lower. The U.K.'s FTSE 100 jumped as the multinational companies in the index look set to benefit from the weaker pound.
European stocks overall moved higher, after Asian markets finished with gains, with Japanese equities leading as Monday's solid U.S. manufacturing data helped weaken the yen. The ICE U.S. Dollar Index advanced, helped by the British currency's slump. Oil futures traded lower, while gold futures inched down.