US STOCKS-Futures up on euro-zone talks, Home Depot earns

* Euro ministers iron out rescue details

* Home Depot tops estimates, Wal-Mart due

* Futures up: Dow 61 pts, S&P 500, 8.6 pts, Nasdaq 12 pts

* For up-to-the-minute market news see [STXNEWS/US]
(Updates prices, refreshes quote)

By Chuck Mikolajczak

NEW YORK, May 18 (BestGrowthStock) – U.S. stocks (Read more about the stock market today. ) futures rose on
Tuesday as euro-zone finance ministers worked to iron out
wrinkles in a 750 billion euro ($925 billion) bailout plan and
Home Depot posted solid earnings.

The talks in Brussels calmed investors and helped to stem
fears the Greece debt crisis could spread to currency markets.
For details, see [ID:nLDE64G290]

“Investors want to see the type of commitment to the
European crisis that the Fed had to the U.S. financial crisis,”
said Rick Meckler, president of investment firm LibertyView
Capital Management in New York. “This is a more difficult
problem but investors are feeling like at least the beginnings
of a solution are in the works.”

Home Depot Inc (HD.N: ) added 0.1 percent to $35.64 in
premarket trade after the home improvement retailer posted
quarterly profit that beat estimates and boosted its full-year
outlook. [ID:nN17207899]

Abercrombie & Fitch Co (ANF.N: ) shares were unchanged after
the apparel retailer posted a narrower quarterly loss
quarterly. [ID:nN18226865]

“If investors want to focus just on corporate earnings they
will see a reasonably bullish picture. Companies continue to
perform well. It is the surrounding macro environment that is
giving them pause,” added Meckler.

S&P 500 futures (SPc1: ) rose 8.6 points and were above fair
value, a formula that evaluates pricing by taking into account
interest rates, dividends and time to expiration on the
contract. Dow Jones industrial average futures (DJc1: ) added 61
points, and Nasdaq 100 futures (NDc1: ) gained 12 points.

Other companies due to report results Tuesday include
retail giant Wal-Mart Stores Inc (WMT.N: ) and Hewlett-Packard Co
(HPQ.N: ).

Fidelity National Information Services Inc (FIS.N: ) fell 7.2
percent to $26.80 premarket after the payment processor ended
talks regarding a potential leveraged buyout by a consortium
including Blackstone Group LP (BX.N: ), TPG Capital LP [TPG.UL]
and Thomas H. Lee Partners. [ID:nWNAB1740] and [ID:nN17108594]

Data due later Tuesday includes producer prices and housing
starts and permits for last month for April.

European shares rose 1.5 percent early Tuesday, with banks
and commodity stocks gaining. The euro slipped versus the
dollar, sticking near a four-year low. [ID:nLDE64H0BL]

U.S. stocks (Read more about the stock market today. ) staged a comeback Monday as bargain hunters
snapped up beaten-down shares, setting aside concerns about the
euro-zone debt crisis.

Stock Market Money

(Reporting by Chuck Mikolajczak; editing by Jeffrey Benkoe)

US STOCKS-Futures up on euro-zone talks, Home Depot earns