U.S. stock index futures were flat on Tuesday as investors digested the latest round of corporate profits.
Texas Instruments Inc
Goldman Sachs is expected to report sharply lower quarterly earnings due to weak trading and a charge for buying back preferred stock from Warren Buffett's Berkshire Hathaway
Bank of New York Mellon
Companies scheduled to report quarterly results on Tuesday include Intel Corp
S&P 500 futures added 0.1 point and were slightly above value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 8 points and Nasdaq 100 futures fell 2 points.
Economic indicators on tap include March housing starts at 8:30 a.m..
Seagate Technology Plc
Research In Motion's
European shares rallied as fund managers said strong earnings would support markets in the short term, overshadowing economic risks, with LVMH
Asian stocks slid, falling further from a three-year high hit last week as investors took profits on risks of a Greek debt restructuring in Europe and the long-term threat of a U.S. government debt downgrade.
Wall Street fell more than 1 percent on Monday as sovereign debt fears on both sides of the Atlantic and China's monetary tightening hurt the outlook for global economic growth.
(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)