Futures for the Dow Jones Industrials pumped higher 131 points, or 0.4%, to 34,971.
Futures for the S&P 500 took on 17.25 points, or 0.4%, to 4,477.
Futures for the NASDAQ Composite Index jumped 61.5 points, or 0.5%, to 14,278.75.
The moves came even after Netflix posted a 26% loss in its share price in premarket trading after reporting a loss of 200,000 subscribers in the first quarter.
The news led shares of streaming companies Disney, Roku, Warner Bros. Discovery and Paramount to fall, as investors and could further worry investors about buying technology stocks ahead of earnings. A slew of analysts also slashed their ratings on Netflix following its first-quarter results.
Meanwhile, Procter & Gamble’s better-than-expected results sent the stock up about 1%. Procter also hiked its full-year revenue guidance. Shares of IBM, another Dow component, rose more than 1% following a beat on earnings and revenue.
Tesla and United Airlines are slated to report after the bell.
Meanwhile, oil prices fell about 5% after the International Monetary Fund cut its economic growth forecasts and warned of risks from higher inflation.
In Asia, the Nikkei 225 in Japan gained 0.9% Tuesday, while in Hong Kong, the Hang Seng index let go of 0.4%.
Oil prices advanced $1.60 to $104.16 U.S. a barrel.
Gold prices collapsed $6.40 to $1,952.60 U.S.