U.S. stock index futures indicated a lower open on Tuesday as the Federal Reserve's two-day policy meeting gets underway and investors prepared for another mass of major corporate earnings.
The market could tread water again Tuesday, as the Fed begins its two-day meeting where it is expected to hold off on an interest rate rise. The central bank releases its post-meeting statement at 2 p.m. ET Wednesday, and it is expected to leave the door open for the chance of a December rate hike.
In economic news, U.S. durable goods orders showed a decline of 1.2 percent in September.
U.S. stock index futures extended losses and Treasury yields ticked lower. The 10-year yield was 2.03 percent and the 2-year yield was 0.63 percent.
The S&P/Case-Shiller 20-City Composite showed U.S. home prices rose 5.1 percent from the year-ago period in August, matching analyst expectations.
Consumer confidence is due at 10 a.m.