US equity futures rose ahead of Tuesday's opening bell as investors returned after the Presidents Day holiday.

Dow Jones Industrial Average futures were up 0.2%, S&P 500 futures increased 0.4%, and Nasdaq futures were up 0.4%.

Oil prices were mixed, with front-month global benchmark North Sea Brent crude flat at $75.22 per barrel and US West Texas Intermediate crude up 0.8% at $71.25 per barrel.

The Empire State manufacturing index, released at 8:30 am ET, came at 5.7 in February, rebounding from minus 12.6 in January, and topping estimates compiled by Bloomberg for minus 2.0.

The housing market index, slated for 10 am ET, is seen at 46.0 in February, compared with January's 47.0.

In other world markets, Japan's Nikkei closed 0.3% higher, Hong Kong's Hang Seng ended 1.6% higher, and China's Shanghai Composite finished 0.9% lower. Meanwhile, the UK's FTSE 100 and Germany's DAX index each increased 0.2% in Europe's early afternoon session.

In equities, shares of GameStop (GME) were 1% higher pre-bell after the company said it would pursue the sale of its French and Canadian operations. Innate Pharma (IPHA) shares were up 26% after the company said Monday the US Food and Drug Administration granted breakthrough therapy designation to the company's treatment candidate for Sezary Syndrome.

On the losing side, Conagra (CAG) shares fell 5% after the company lowered its fiscal 2025 earnings guidance.