Stock futures were little changed ahead of December U.S. retail sales data Tuesday, a day after the Dow Jones Industrial Average closed at a record high for a second straight session.
Dow and S&P 500 futures were up 0.1%, while Nasdaq 100 futures were fractionally higher.
Yesterday, the tech-heavy Nasdaq and benchmark S&P 500 closed a respective 0.9% and 0.5% higher, while the blue-chip Dow finished up less than 0.1% after also setting an intraday record for a second consecutive trading day.
Investors are awaiting the delayed December U.S. retail sales data, scheduled to be released at 8:30 a.m. ET today. Economists expect a 0.4% monthly rise, down from 0.6% in November. Excluding auto sales, retail sales are expected to have risen 0.3%, down from 0.5% the previous reading.
Before the reading, the yield on the 10-year Treasury—which impacts interest rates on a variety of consumer loans including mortgages—slipped below 4.19% from Monday’s close of around 4.21%.
In notable post-earnings moves, shares of Spotify (SPOT) soared 14%, Hasbro (HAS) added 2.5%, AstraZeneca (AZN) advanced 1%, ON Semiconductor (ON) fell 4.5%, and CVS Health (CVS) declined 2.5%. Coca-Cola (KO) also was set to report results before the bell, while Ford Motor (F) and Robinhood Markets (HOOD) were slated to do so after markets close.
Shares of AppLovin (APP) and Oracle (ORCL) were up a further 2.5% and 1.3% in premarket trading after pacing the S&P 500 with respective gains of 13% and nearly 10%. Microsoft (MSFT) and Nvidia (NVDA) shares ticked higher after they led the Dow yesterday with respective advances of about 3% and 2.5%.
Bitcoin was trading around $68,900, down from overnight highs near $70,700. The U.S. dollar index, which tracks the value of the greenback against a basket of global currencies, was near flat at 96.81.
Gold and silver futures were little changed at around $5,080 an ounce and $82.20 an ounce, respectively. West Texas Intermediate crude futures, the U.S. benchmark, ticked lower to $64.30 a barrel.