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U.S. stock futures were little changed Tuesday after the S&P 500 posted back-to-back winning sessions. Investors also awaited a fresh set of first-quarter earnings reports.
Futures for the Dow Jones Industrials sank 187 points, or 0.5% to 40,555.
Futures for the much broader index dipped 24.5 points, or 0.5%, to 5,416.75
Futures for the NASDAQ Composite fell 75.25 points, or 0.4%, to 18,859.50
The moves came after the major stock indexes ended Monday’s session higher, buoyed by the tech sector. Stocks received a tailwind after guidance on Friday from U.S. Customs and Border Protection revealed exemptions from “reciprocal” tariffs for electronic products such as smartphones, computers and semiconductors. Still, comments from President Donald Trump and Commerce Secretary Howard Lutnick on
Sunday suggested these exemptions might only be temporary. During Monday’s regular session, the Dow gained more than 300 points. The S&P 500 climbed 0.8%, and the NASDAQ Composite added 0.6%.
The corporate earnings season picked up steam, with Johnson & Johnson along with Bank of America reporting earnings. However, some experts say this earnings season may not yet provide investors with the clarity they seek on how companies will be affected by Trump’s new tariff policies.
On Tuesday, investors will also watch out for the latest readings on March’s import and export price indexes.
In Japan, the Nikkei 225 index progressed 0.8% Tuesday, while in Hong Kong, the Hang Seng acquired 0.2%.
Oil prices gave back 55 cents to $60.98 U.S. a barrel.
Gold prices climbed $10.10 to $3,236.40 U.S. an ounce.
