US stock futures were little changed on Tuesday as investors awaited a fresh round of corporate earnings that could offer new insight into technology sector performance and consumer spending. Notable reports due later in the global trading day include Intuit, Zoom, Semtech, Dick’s Sporting Goods and Macy’s. Market participants are also looking ahead to Nvidia’s earnings on Wednesday for further clarity on the strength and durability of demand tied to artificial intelligence.
On the macroeconomic front, US consumer confidence data are scheduled for release on Tuesday, followed by the latest reading of the personal consumption expenditures price index on Wednesday. In addition, Federal Reserve Chair Kevin Warsh is set to speak at the Fed’s annual Jackson Hole symposium on Friday, an event closely watched for policy signals.
In Monday’s regular session, the Dow advanced 0.26%, while the S&P 500 and the Nasdaq Composite declined 0.28% and 0.76%, respectively, weighed down by broad-based losses in AI infrastructure names.
