Morning Briefing: 10 Things You Should Know

U.S. stock futures rise after a debt deal for Greece is reached; the OECD issues further warnings on the global economy; Facebook shares get a boost; Green Mountain Coffee to post earnings.
By Joseph Woelfel ,

NEW YORK (

TheStreet

) -- U.S. stock futures pointed to a higher start for Wall Street on Tuesday after eurozone finance ministers and the International Monetary Fund reached an agreement early Tuesday that would enable Greece to reduce its debt load.

The agreement allows Greece to receive €34.4 billion ($40.8 billion) immediately and three additional payments early next year.

European shares rose Tuesday after the Greek debt deal was reached, while Asian stocks finished with gains. Japan's Nikkei 225 index rose 0.4% to close at a seven-month high of 9,423.30.

The economic calendar in the U.S. Tuesday includes durable orders for October at 8:30 a.m. EST, the S&P Case-Shiller home price index for September at 9 a.m., the consumer confidence reading for November at 10 a.m., and the Federal Housing Finance Agency housing price index for September at 10 a.m.

U.S. stocks

on Monday ended mixed as investors tried to decipher the latest round of rhetoric coming out of Washington regarding the so-called fiscal cliff.

The

Dow Jones Industrial Average

fell more than 42 points, or 0.33%, to close at 12,967. The

S&P 500

lost almost 3 points, or 0.2%, to settle at 1406, while the

Nasdaq

ticked up nearly 10 points, or 0.33%, to finish at 2977.

The Organization for Economic Cooperation and Development said in a report Tuesday that the world's economic recovery will be "hesitant and uneven" in 2013.

The OECD said eurozone struggles will continue next year. It estimated a 0.4% contraction this year in the eurozone and 0.1% decline next year.

The agency forecast the U.S. economy will grow 2% in 2013.

Facebook

(FB) - Get Report

shares jumped 8.1% to $25.94 on Monday, the third-biggest rally since the social networking giant went public in May, after Bernstein Research raised its investment rating on Facebook to outperform.

The board of

Las Vegas Sands

(LVS) - Get Report

declared a special dividend of $2.75 a share after Monday's closing bell.

Dollar General

(DG) - Get Report

, the discount retailer, will join the

S&P 500

, replacing

Cooper Industries

( CBE), which is being acquired by

Eaton

(ETN) - Get Report

.

Green Mountain Coffee Roasters

(GMCR)

is expected by analysts Tuesday to post fiscal fourth-quarter profit of 48 cents a share in the September-ended period on revenue of $902.7 million.

Other companies expected to report their quarterly results Tuesday include

ADT

(ADT) - Get Report

,

Analog Devices

(ADI) - Get Report

,

Culp

(CFI)

,

Duane Reade

(DRD) - Get Report

,

PVH

(PVH) - Get Report

,

Ralcorp Holdings

( RAH) and

Zoltek

(ZOLT)

.

Equity Residential

(EQR) - Get Report

and

AvalonBay Communities

(AVB) - Get Report

agreed Monday to jointly purchase the assets of Archstone Enterprise LP, mainly a portfolio of apartment properties, from

Lehman Brothers

.

-- Written by Joseph Woelfel

>To contact the writer of this article, click here:

Joseph Woelfel

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.

Copyright 2012 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

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