US STOCKS-Futures rise as Brent steadies above 11-year low
* Futures up: Dow 70 pts, S&P 7.25 pts, Nasdaq 19.75 pts
By Abhiram Nandakumar
Dec 29 (Reuters) - U.S. stock index futures were higher on Tuesday as Brent crude steadied above the 11-year low it hit last week.
* Crude prices edged up as colder weather entered Europe and North America, raising hopes of a short-term uptick in the tepid demand that has plagued the commodity this year.
* Global stocks rose, as did the price of gold, as the dollar softened. U.S. stocks closed lower on Monday as a 3 percent drop in oil prices led to a slide in energy stocks.
* Trading volumes are expected to remain thin this week as the year winds down.
* The S&P 500 slipped back into negative turf for the year after Monday's selloff, while the Dow Jones industrial average is about 2 percent lower. The Nasdaq Composite, however, is up 6.4 percent.
* Data scheduled for release on Tuesday includes the Conference Board's reading of consumer confidence for December at 10:00 a.m. ET (1500 GMT). The index is expected to rise to 93.8 after falling to its lowest since September 2014 in November.
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