Wall Street pointed toward gains before the opening bell Tuesday as earnings season winds down during a holiday-shortened trading week. Futures for the S&P 500 and Nasdaq each rose 0.3%. Futures for the Dow Jones Industrial Average ticked up 0.

Reuters forecasts a rise in Japan’s total trade balance for January to 2,100.5 billion yen ($138.1 million), from 130.9 billion yen the month before.

Microsoft was the strongest force pushing the S&P 500 upward. It rose 1.3% after saying it had developed what it calls the world’s first “quantum processing unit,” which cou