Stock Futures Fall as Earnings Season Ramps Up

Stocks were mostly edging lower on Tuesdaym amid signs that the recent rally that’s powered both the S&P 500 and Nasdaq to all-time highs may be starting to fizzle out.

Futures tracking the Dow Jones Industrial Average were up 9 points, or less than 0.1%. However, S&P 500 futures and contracts tied to the Nasdaq 100 were trading sightly lower.

The latter two indexes both notched records on Monday, despite a lack of obvious factors moving markets. The key focus for the rest of this week is likely to be a deluge of second-quarter earnings reports that could give investors a better sense of how consumer spending is holding up amid worries about inflation and tariffs.