US Futures extend gains after comments from North Korea. North Korea has made comments that it would not need a nuclear program if the regime does not have a military threat against them. The comments are viewed as an opening to discussions with the South over ending their nuclear aspirations. On the data front, January factory orders are due out at 10am, with the market expecting a m/m decline of 1.2%. European shares are higher despite uncertainty around Italian elections. Auto stocks are leading higher after positive comments from Volkswagen. Asian shares closed higher with exporters leading as trade war fears wane.