07:11 AM EDT, 09/24/2024 (MT Newswires) -- Wall Street futures pointed moderately higher pre-bell Tuesday as traders weighed large overnight equity-market gains in Asia and the possibilities for a "soft landing" and no recession for the US economy, at least in pending quarters.

In the futures, the S&P 500 rose 0.2%, and looks to again test all-time highs. The Nasdaq inclined 0.3% and the Dow Jones was up 0.2%.

Asian exchanges traded solidly higher overnight, including a 4.1% rise on Hong Kong's Hang Seng Index, after Beijing announced a raft of monetary-stimulus measures.

European bourses tracked north midday on the continent.

AutoZone (AZO) plans to report earnings pre-bell, among others.

On the economic calendar is the Case-Shiller Home Price Index, and also the

FHFA House Price Index, both for July, at 9 am ET.

The Conference Board consumer confidence bulletin and the

Richmond Fed Manufacturing Index, both for September, post at 10 am.

Federal Reserve Governor Michelle Bowman speaks at 9 am.

In premarket action, Bitcoin traded at $63,666, West Texas Intermediate crude oil traded higher at $72.06, and 10-year US Treasuries offered 3.79%. Spot gold traded for $2,635 an ounce.