Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 were little changed on Tuesday after U.S. equities edged lower in the previous session.
Ford Motor is expected to report a first-quarter profit as North American production picks up amid a gradual recovery in the U.S. auto industry. However, Ford shares in Frankfurt were down 1.1 percent.
Other major companies reporting results on Tuesday include 3M Co. , The McGraw Hill Co. , United Parcel Service , DuPont
ICSC/Goldman Sachs release at 7:45 a.m. ET chain store sales for the week ended April 24 versus the prior week. In the previous week, sales rose 0.2 percent.
The most sweeping overhaul of U.S. banking rules since the Great Depression stumbled in the Senate on Monday as Republicans united to prevent action on the bill. The setback is not likely to be permanent. Lawmakers in both parties said they are close to agreement and the Senate could take up the bill later this week.
At 8:55 a.m. ET, Redbook releases its Retail Sales Index of department and chain store sales for April versus March. In the prior period, sales fell 1.7 percent.
Shares of RadioShack Corp rose 3.9 percent to $23.80 after the bell on Monday after the retailer posted first-quarter results.
Emulex Corp fell 9.9 percent, Rent-A-Center Inc was up 4.6 percent and Solutia Inc gained 9.7 percent in extended trade on Monday as the companies announced results.
Standard & Poor's releases at 9 a.m. ET its S&P Case/Shiller Home Price Index for February. Economists in a Reuters survey expect a fall of 0.1 percent versus a 0.3 percent rise in the previous month.
The Conference Board releases April consumer confidence at 10 a.m. ET. Economists expect a reading of 53.5 compared with 52.5 in March. The Institute for Supply Management releases its semi-annual economic forecasts at 1 p.m. ET.
Resource-related stocks will be in focus after crude oil fell for a second day to trade below $84 a barrel as forecasts for repeated increases in U.S. inventories rekindled concerns of oversupply, while Greek debt woes also weighed.
European shares lost ground in early trade on Tuesday, halting a sharp two-day rally on renewed worries over Greece's debt after Germany demanded painful new austerity measures from Athens in return for financial aid. The FTSEurofirst 300 <.FTEU3> index of top European shares was down 0.8 percent.
Concerns over Greece's fiscal deficit pushed the cost of insuring against a Greek debt default to a record high on Monday. Germany said it could offer aid for Greece within days if it agreed to painful new austerity measures.
Federal Reserve Bank of Richmond releases at 10 a.m. ET April indexes on area manufacturing and service sectors. In March, the composite manufacturing index was 6, the shipments index read 5, and the services revenue index was 0.
At 12 p.m. ET, Federal Reserve Bank of Chicago releases its Chicago Fed Midwest Manufacturing Index for March. The index read 82.6 in the prior month.
Stocks edged lower on Monday as bank shares fell on fears that financial reform making its way through Congress will curb profits, while Caterpillar's strong results buoyed the Dow.
The Dow Jones industrial average <.DJI> edged up 0.75 point, or 0.01 percent, to close at 11,205.03. The Standard & Poor's 500 Index <.SPX> dropped 5.23 points, or 0.43 percent, to 1,212.05. The Nasdaq Composite Index <.IXIC> lost 7.20 points, or 0.28 percent, to 2,522.95.
Japan's Nikkei stock average <.N225> inched up 0.4 percent on Tuesday after it found solid support at its 25-day moving average at around 11,100, while investors picked up stocks with improved earnings guidance.
(Reporting by Atul Prakash; Editing by Hans Peters)