Investing.com - U.S. stock futures pointed to a steady open on Tuesday, as markets eyed the release of U.S. data later in the day, as well as Federal Reserve Chairman Ben Bernanke's testimony to Congress on Wednesday.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.09% increase, S&P 500 futures signaled a 0.04% gain, while the Nasdaq 100 futures indicated a 0.09% rise.
Markets were jittery ahead of Bernanke's testimony on monetary policy amid speculation over the timing of a possible reduction to the bank’s USD85 billion-a-month bond buying program.
U.S. stocks rallied last week after Bernanke said the U.S. economy still needed monetary stimulus.
Data on Monday showing that U.S. retail sales rose less-than-expected June fuelled fears over a slowdown in the economic recovery.
Leap Wireless was expected to remain in the spotlight after the company's stock skyrocketed over 110% on Monday, following news the provider agreed to be acquired by AT&T for USD15 per share in cash, or about USD1.2 billion. Leap Wireless shares were up 0.12% in after-hour trade.
Boeing, down 0.28% in extended trading, was also likely to remain in focus after investigators determined the Friday fire on a 787 Dreamliner at Heathrow Airport was not caused by a battery issue.
Separately, Honeywell shares were up 0.18% in late trading, even as an emergency beacon made by the company was under scrutiny in the probe of the Dreamliner fire.
Elsewhere, solar stocks were slated to be active after China on Monday boosted its 2015 target for solar power capacity by more than 60%.
Other stocks expected to be in focus included Coca-Cola, Goldman Sachs, Johnson & Johnson, Charles Schwab, Yahoo, CSX, scheduled to report earnings later in the day.
Across the Atlantic, European stock markets were mixed to lower. The EURO STOXX 50 slid 0.34%, France’s CAC 40 declined 0.38%, Germany's DAX fell 0.26%, while Britain's FTSE 100 eased up 0.07%.
During the Asian trading session, Hong Kong's Hang Seng Index dipped 0.01%, while Japan’s Nikkei 225 Index climbed 0.64%.
Later in the day, the U.S. was to release official data on consumer price inflation and a report on industrial production.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.09% increase, S&P 500 futures signaled a 0.04% gain, while the Nasdaq 100 futures indicated a 0.09% rise.
Markets were jittery ahead of Bernanke's testimony on monetary policy amid speculation over the timing of a possible reduction to the bank’s USD85 billion-a-month bond buying program.
U.S. stocks rallied last week after Bernanke said the U.S. economy still needed monetary stimulus.
Data on Monday showing that U.S. retail sales rose less-than-expected June fuelled fears over a slowdown in the economic recovery.
Leap Wireless was expected to remain in the spotlight after the company's stock skyrocketed over 110% on Monday, following news the provider agreed to be acquired by AT&T for USD15 per share in cash, or about USD1.2 billion. Leap Wireless shares were up 0.12% in after-hour trade.
Boeing, down 0.28% in extended trading, was also likely to remain in focus after investigators determined the Friday fire on a 787 Dreamliner at Heathrow Airport was not caused by a battery issue.
Separately, Honeywell shares were up 0.18% in late trading, even as an emergency beacon made by the company was under scrutiny in the probe of the Dreamliner fire.
Elsewhere, solar stocks were slated to be active after China on Monday boosted its 2015 target for solar power capacity by more than 60%.
Other stocks expected to be in focus included Coca-Cola, Goldman Sachs, Johnson & Johnson, Charles Schwab, Yahoo, CSX, scheduled to report earnings later in the day.
Across the Atlantic, European stock markets were mixed to lower. The EURO STOXX 50 slid 0.34%, France’s CAC 40 declined 0.38%, Germany's DAX fell 0.26%, while Britain's FTSE 100 eased up 0.07%.
During the Asian trading session, Hong Kong's Hang Seng Index dipped 0.01%, while Japan’s Nikkei 225 Index climbed 0.64%.
Later in the day, the U.S. was to release official data on consumer price inflation and a report on industrial production.