Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its...US Marketsread more
The Fed is not likely to make a move on interest rates when it meets next week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
With uncertainty keeping a lid on U.S. stocks, Ed Clissold of Ned Davis Research says the rest of 2019 is likely to be a "choppy," but somewhat opportunistic, ride for...Futures Nowread more
U.S. stock index futures fell ahead of Tuesday's open, pulling back from the sharp gains posted in the previous trading session.
Around 8 a.m. ET, Dow futures were down 93 points, indicating a drop of around 79 points at the open. The Nasdaq and S&P 500 futures also indicated a negative start to Tuesday's trade.
The movements seen in U.S. futures come on the back of a strong finish Monday, when the Dow Jones industrial average closing up more than 400 points. The Nasdaq composite and S&P 500 also surged.
Markets have been on edge over the past week due to the likelihood of higher interest rates. While last Friday saw trade close higher, all three major indexes ended the week more than 5 percent down, with the Dow delivering its worst performance since January 2016.
Consequently, investors are paying close attention to the bond market, in relation to interest rates, with yields dropping during Tuesday's morning trade.
In central banking news, Cleveland Federal Reserve President Loretta Mester is expected to comment on monetary policy and its outlook at the Dayton Area Chamber of Commerce's government affairs breakfast in Dayton, Ohio.
President Donald Trump unveiled the country's latest budget Monday, with the White House calling for $3 trillion in deficit reduction, which would include $1.7 trillion in mandatory spending cuts, while proposing to cut discretionary spending by 2 percent a year after 2019.
The program also calls for cuts to programs like Medicare, in addition to an increase in military spending and funding for Trump's proposed wall along the Mexican border. Congress, however, will ultimately decide when it comes to setting spending levels.
On the data front, the National Federation of Independent Business' small business optimism index rose to near record levels in January, with business owners showing concerns about the inability to find qualified workers.
—CNBC's Ylan Mui and Reuters contributed to this report