A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
"You need to understand that we're about to embark on the busiest week of the year for industrial earnings," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Boston Federal Reserve President Eric Rosengren is lining up against an apparent push to cut interest rates, telling CNBC in an interview Friday that the central bank can...The Fedread more
The MTA reported that the 1, 2, 3, 4, 5 and 6 trains are all facing delays due to a network communications issue impacting service in both directions, NBC New York reports.Transportationread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
US officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and...Technologyread more
Trump's constant berating of the Fed and its actions does not influence the central bank's decisions, Boston Fed's Eric Rosengren says.The Fedread more
The lawsuits allege J&J's talc-based baby powder contained asbestos and caused ovarian and other cancers.Health and Scienceread more
U.S. stock index futures indicated a lower open Tuesday, after being closed Monday for the July 4 holiday, with "risk-on" sentiment pausing for breath after a strong rally last week.
Dow futures were briefly off about 100 points, while S&P 500 and Nasdaq futures were down 11 points and 25 points, respectively.
Equities around the world have broken their post-Brexit winning streak as uncertainty surrounding the U.K. vote still persists among investors. The ruling Conservative party will hold the first stage of its selection process for a new leader on Tuesday evening and potential candidates have been busy putting their ideas forward for the post-Brexit environment.
Sterling has also fallen to a 2-1/2 year low against the euro and redemptions in one U.K. property fund have been halted after a string of outflows. The pound also fell to a fresh 31-year-low against the dollar early Tuesday.
European stocks extended losses in mid-morning trade on Tuesday with added volatility in the Italian banking sector.
"Markets are settling uncomfortably into a post-Brexit dystopia. Rumors abound of crashing business expectations and culls of bankers. But, unlike the continuing hurly-burly of the political world, here on the trading floor we've pretty much gone through all the 8 stages of Brexit: Shock, denial, anger, bargaining, depression, applying for an Irish passport, acceptance.. and finally hope that it might not matter anyway," Bill Blain, a senior fixed income broker at Mint Partners, said in a morning note.
In Asia, most markets stumbled on Tuesday, with shares in Australia falling amid an uncertain election outcome and an on-hold central bank. Mainland China shares rose as data showed services activity grew in June.
Back in the U.S., investors will be looking ahead to factory orders data due at 10 a.m. ET. At 2:30 p.m. ET New York Fed President William Dudley will also speak on the local economy at a roundtable discussion in Binghamton, NY.