US STOCKS-Wall Street set to rise on renewed hopes of stimulus deal

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* Pelosi sets Tuesday deadline for COVID aid deal
* Halliburton dips after fourth consecutive quarterly loss
* IBM set report results after markets close
* Futures up: Dow 0.6%, S&P 0.8%, Nasdaq 1%

(Adds comment, details; updates prices)
By Medha Singh
Oct 19 (Reuters) - Wall Street's main indexes were set to
inch higher at the open on Monday on hopes of a coronavirus
vaccine by the year-end, while investors were also encouraged by
signs an agreement in Washington on a fiscal package could be
reached soon.
Last week the White House proposed a $1.8 trillion stimulus
but House Speaker Nancy Pelosi had stuck to her demand for a
$2.2 trillion aid.
Pelosi said on Sunday she wanted a bill passed before the
Nov. 3 presidential election, but acknowledged an agreement
would have to come within 48 hours for that to happen.
"Today, stimulus has come to the front of the conversation
without question," said Tom Mantione, managing director of UBS
Private Wealth Management.
"(The Republicans and Democrats) closed a $2 trillion gap to
$500 billion in 6 weeks. May be in 36 hours we can close the
other $500 billion."
Meanwhile, President Donald Trump and his Democratic
challenger Joe Biden will debate for a final time on Thursday
with about two weeks left until Election Day.
U.S. planemaker Boeing Co's BA.N shares rose about 0.8% in
premarket trading as American Airlines Group AAL.O announced
plans to return its 737 Max jets to service by the end of 2020
depending on certification of the aircraft from the Federal
Aviation Administration. Wall Street's main indexes logged slight gains last week —
the third in a row for the benchmark S&P 500 .SPX and the
blue-chip Dow .DJI — as news that a COVID-19 vaccine could be
available by November helped offset worries about the elusive
federal aid bill.
After the financial sector set a mixed tone to the start of
third-quarter earnings season, investors will look to results
from about 91 S&P 500 companies this week including
International Business Machines Corp IBM.N and Netflix Inc
NFLX.O .
Oilfield services provider Halliburton Co HAL.N dipped
0.4% after posting its fourth consecutive quarterly loss as this
year's slump in oil prices due to the COVID-19 pandemic hit
demand for its services. At 08:19 a.m. ET, Dow E-minis 1YMcv1 were up 0.64% at
28,588 points and S&P 500 e-minis EScv1 rose 0.77% to
3,488.75. Nasdaq 100 E-minis NQcv1 were up 110.5 points to
11,907 points.
Chipmaker Microchip Technology Inc MCHP.O gained about
3%following Morgan Stanley upgraded the stock to "overweight".
American Equity Investment Life Holding Co AEL.N dropped
9% as it said it had entered into a strategic partnership with
Brookfield Asset Management Inc BAMa.TO and rejected an
unsolicited acquisition proposal from Athene Holding Ltd ATH.N
and Massachusetts Mutual Life Insurance Co.