Stock markets pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.3 percent, while Dow Jones and Nasdaq 100 futures were each off 0.2 percent at 0848 GMT.
Diary highlights include February housing starts data at 1230 GMT, a testimony on the international financial system by Treasury Secretary Timothy Geithner at 1400 GMT and a lecture by Federal Reserve Chairman Ben Bernanke at 1645 GMT.
Earnings calendar features results from contract manufacturer Jabil Circuit
A much-anticipated budget plan due from Republicans in the House of Representatives includes sweeping tax reforms that cut rates and pare down individual income tax brackets to two from six.
World equity markets painted a mixed picture, with Japan's Nikkei average rising for a fifth session <.N225>, while concerns about global growth and gloomy corporate news knocked 0.7 percent off the pan-European FTSE Eurofirst 300 <.FTEU3>.
On Monday, the S&P 500 <.SPX> extended its rally to climb within 10 percent of its record closing high set in October 2007, after Apple
Monday saw busy after the bell trading following a clutch of corporate news releases:
Fashion company Michael Kors
Bank of America
(Reporting By Toni Vorobyova; Editing by Dan Lalor)