US equity markets were pointing higher before the opening bell Tuesday as traders focus on the highly anticipated presidential elections. Standard & Poor's 500 rose 0.3%, the Dow Jones Industrial Average increased 0.2%, and the Nasdaq added 0.4% in premarket activity. The majority of Asian exchanges were tracking in the green, while European bourses were heading north midday on the continent. Shares of Palantir Technologies ($PLTR) jumped 14% pre-bell as the software maker reported better-than-expected third-quarter results.

Boeing ($BA) gained nearly 2% as striking union workers voted to accept the plane manufacturer's latest labor deal. Dollar Tree ($DLTR) advanced 3.8% after Rick Dreiling stepped down as chairman and chief executive of the discount retailer, effective Nov. 3. Ferrari ($RACE), Apollo Global Management ($APO), Emerson Electric ($EMR), Cummins ($CMI), Yum! Brands ($YUM), DuPont de Nemours ($DD), Restaurant Brands International ($QSR), Archer-Daniels-Midland ($ADM), Fortis ($FTS), and Henry Schein ($HSIC) report their latest financial results before the bell, among others. Coupang ($CPNG), Microchip Technology ($MCHP), Devon Energy ($DVN), and Frontier Communications Parent ($FYBR) post earnings after the markets close. On the economic calendar, the international trade in goods and services report for September is out at 8:30 am ET, followed by the ISM Services index for October at 10 am. Before the opening bell, bitcoin increased 1.9% to $68,780, West Texas Intermediate crude oil inclined 0.4% to $71.74 a barrel, yields on 10-year Treasuries inched 0.4 basis points higher to 4.31%, and gold ticked up 0.1% to $2,750 an ounce..