In addition, Activision Blizzard Inc (ATVI) soared over +3% after a U.S. appeals court denied the Federal Trade Commission’s request to temporarily pause Microsoft’s (MSFT) planned $69 billion acquisition of the company. On the earnings front, global companies like Bank of America (BAC), Morgan Stanley (MS), Prologis (PLD), Lockheed Martin (LMT), and Charles Schwab (SCHW) are set to report their quarterly figures today. Meanwhile, European Central Bank Governing Council member Ignazio Visco said Tuesday that inflation might subside more quickly due to the impact of declining commodity prices permeating through the economy.