U.S. stock index futures indicated a lower open for Wall Street Tuesday, with stock markets in Asia and Europe knocked down by news of monetary tightening in China.
Some positive earnings news from two Dow components helped take the sting out of the market's sour mood. Futures were still negative but off their morning lows.
DuPont reported a 10 percent rise in profit that beat analyst estimates, sending its shares nearly 1 percent higher in premarket trading. Travelers also surprised to the upside with a profit of $2.36 per share, giving its shares a 4 percent pop.
Also on the bluechips, Verizon reported a 54-cent per share profit that was in line with estimates. Traders greeted the numbers unenthusiastically, though, sending shares down 1.4 percent premarket. One problem for the company was that it reported a net loss due to a sizeable charge for worker layoffs.
And Johnson & Johnson shares edged lower after the company reported earnings that appeared to hit estimates, but provided a tepid full-year outlook.
Apple , Texas Instruments , and Amgen reported after the bell Monday.
Apple beat estimates with both earnings and revenues, but the stock was volatile after-hours as its iPhone sales did not beat the most optimistic of estimates. Shares were up 1.8 percent premarket.
Texas Instruments also beat estimates, while biotech giant Amgen fell short.
Also on the earnings calendar before the bell: Delta Air Lines, EMC, Corning, McGraw-Hill, Regions Financial, Sherwin-Williams, and U.S. Steel.