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Stock futures point to higher open

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LONDON (Reuters) – Stock futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 rising 0. 4 percent. The Dow Jones futures were up 0. 2 percent and Nasdaq 100 futures were up 0. 4 percent at 4:15 a. m. ET. Expectations that U. S. politicians were closer to a deal to avoid a looming "fiscal cliff" of steep tax hikes and spending cuts that could hurt the U. S. economy enabled European shares to rise on Tuesday, tracking overnight gains on Wall Street. The pan-European FTSEurofirst 300 index was up by 0. 4 percent at 1,137. 30 points. . . .

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