Market preview: Stock futures are higher and continuing from where shares left off yesterday...


Market preview: Stock futures are higher and continuing from where shares left off yesterday after both sides in the fiscal cliff negotiations expressed optimism that a deal can be done. The S&P benchmark is +0.4%. Markets are likely to sway with each installment of the "he said she said" saga until agreement is reached. RIM bounds 11.5% higher in the wake of an upgrade from GS, although Tiffany slumps 7.9% following its earnings report. Later: Bloomberg Consumer Comfort Index, Pending Home Sales, Kansas City Fed Mfg Survey
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