US stock futures tick lower as tech turns skittish before key earnings

Investing.com-- U.S. stock index futures fell slightly in evening deals on Tuesday, with heavyweight technology stocks seeing a sustained pullback before key earnings from the sector due this week.

Hype over AI was a key driver of Wall Street’s rally over the past year, with technology stocks such as NVIDIA Corporation (NASDAQ: Optimism over interest rate cuts also boosted U.S. stocks, as soft inflation readings and dovish-leaning comments from the Federal Reserve ratcheted up bets that the central bank will begin cutting rates from September.

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Stock futures open lower as investors await inflation data, bank earnings this week: Live updatesInvestors are expecting key inflation data this week to give clarity on the longevity of this year’s market rally. Earnings are also kicking off.
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Stock futures open lower as investors await inflation data, bank earnings this week: Live updatesInvestors are expecting key inflation data this week to give clarity on the longevity of this year’s market rally. Earnings are also kicking off.
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Stock market today: Wall Street hits records as a slowing economy boosts hopes for lower ratesWall Street's record-breaking rally kept going after weak reports on the economy kept the door open for possible cuts to interest rates.
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