NEW YORK (CNNMoney.com) -- Stocks were set to bounce up at Tuesday's open, boosted by comments from Citigroup's CEO about the company's profitability, as investors await remarks from Fed chairman Ben Bernanke and look for a break in the global economic malaise.At 7:23 a.m. ET, the Dow Jones industrial average, S&P 500 and Nasdaq futures were higher with a comparison to fair value.0:00
/1:33Waiting for the bearsFutures measure current index values against the perceived future performance, and can be used as a forecast for market activity beyond the opening bell.
On Monday, stocks fell - with the Dow and S&P 500 finishing at fresh 12-year lows - as the continued global slide overpowered positive developments, including a $41 billion merger agreement between the drugmakers Merck & Co. (MRK, Fortune 500) and Schering-Plough Corp. (SGP, Fortune 500)
The Asian markets closed mixed, with Tokyo's Nikkei index down 0.4% to a new 26-year low, but Hong Kong's Hang Seng index rallied 3%. The European indexes were higher in early trading.
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