U.S. stock index futures pointed to a slightly lower opening on Wall Street on Tuesday, with futures for the S&P 500 down 0.13 percent, Dow Jones futures down 0.11 percent and Nasdaq 100 futures down 0.06 percent at 4.30 a.m. EDT.
Investors awaited quarterly results from Intel Corp
The banking sector will be in the spotlight on Tuesday after prominent U.S. banking analyst Meredith Whitney downgraded its rating on Goldman Sachs to neutral from buy. Goldman stock traded in Frankfurt
Home furnishings retailer Pier 1 Imports Inc
American International Group
CIT Group Inc
Bank of America Corp
On the macro side, the head of the World Trade Organization said on Tuesday a contraction in global trade appears to be bottoming out.
Oil rose for the fourth straight session on Tuesday, edging above $73 a barrel on the back of rising optimism about the pace of global economic recovery and weakness in the dollar.
Japan's Nikkei average <.N225> edged up 0.6 percent on Tuesday, buoyed by exporters such as Honda Motor Corp <7267.T>, while European stocks were down 0.5 percent in early trade, trimming the previous session's gains, with banks such as Barclays
The S&P 500 managed a sixth consecutive day of gains on Monday to end at its closing high for the year as energy shares rose alongside the price of oil. But the market lost some strength in the afternoon and the Dow and Nasdaq ended little changed as investors opted to lock in profits before the results reporting season picks up steam.
The Dow Jones industrial average <.DJI> added 20.86 points, or 0.21 percent, to 9,885.80. The Standard & Poor's 500 Index <.SPX> gained 4.70 points, or 0.44 percent, to 1,076.19. The Nasdaq Composite Index <.IXIC> was off 0.14 point, or 0.01 percent, to 2,139.14.
(Reporting by Blaise Robinson; Editing by Greg Mahlich)