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Wall St. set to slip on tough stimulus talks, mixed earnings

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U.S. stock index futures retreated on Tuesday as lawmakers geared up to debate a coronavirus relief deal to limit the economic damage from the ...

REUTERS: Wall Street's main indexes were set to open lower on Tuesday as lawmakers geared up for grueling talks over a coronavirus relief deal, with investors also weighing a mixed batch of earnings reports from blue-chip companies.

Dow component 3M Co dropped 2.8per cent premarket as the industrial conglomerate fell short of estimates on quarterly profit and revenue, hurt by a plunge in demand across its business units. A major focus this week will be results from members of Wall Street's trillion-dollar club — Apple Inc , Amazon.com Inc , Alphabet Inc — and Facebook Inc .

 

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