FX.co ★ US Futures Point to Muted Open

On Tuesday, U.S. stock futures indicated a subdued opening as investors digested recent earnings reports and continued to evaluate the impact of uncertain economic policies on corporate profits. Futures linked to the S&P 500 and Nasdaq remained unchanged, whereas those tied to the Dow Jones Industrial Average climbed by 100 points. Concerns over policy fluctuations, particularly potential aggressive tariffs on major trading partners, led UPS to withhold a full-year forecast. General Motors also saw its futures decline after canceling its share buyback program and withdrawing its outlook due to tariff threats. Additionally, Coca Cola's stock experienced a slight uptick after earnings met expectations, while technology stocks showed a mixed performance in anticipation of earnings from Microsoft and Meta scheduled for tomorrow. The apprehensions regarding trade barriers were further underscored by recent economic data, which revealed that the U.S. recorded its largest trade deficit in history in March as companies rushed to import goods ahead of potential tariff impositions.