US stock futures are pointing up.
European markets edged higher in early trading, while major stock markets in Asia also closed higher.
It's a quiet day for earnings: Colgate-Palmolive (CL) is set to report before the open, and Ericsson (ERICSS) just posted fourth quarter results.
Ericsson shares rose around 3% after the Swedish telecoms firm reported its first annual sales growth since 2013. Investors are keeping an eye on the company, which competes with China's Huawei and serves as a leading player in 5G technology.
"Growth was partly due to a higher than anticipated activity level in North America driven by increased 5G demand among the US operators," the company said.
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