US pre-open: Futures dip as earnings season ramps up
By Iain Gilbert
Date: Tuesday 21 Oct 2025
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as third-quarter earnings season was set to kick up a gear, with several big name firms reporting before the open.
As of 1130 BST, Dow Jones futures were down 0.20%, while S&P 500 and Nasdaq-100 futures had both indices opening 0.13% softer.
The Dow closed 515.97 points higher on Monday on the back of improving sentiment regarding trade tensions and hopes that the government shutdown could end this week.
National Economic Council director Kevin Hassett said the White House was prepared to take stronger action to end the impasse, now the third-longest in US history, and expected a deal to be struck this week.
Sentiment was also buoyed by expectations of a 25 basis point rate cut at the Federal Reserve's late October meeting, with Friday's CPI data set to offer fresh clues on inflation and policy direction.
Trade tensions remained in focus early on Tuesday after Donald Trump reiterated the threat of a 100% tariff hike on Chinese imports from 1 November. However, his upbeat tone on a potential deal with Beijing helped ease concerns, with a meeting between Trump and Chinese President Xi Jinping still expected to take place later this month in South Korea.
Earnings will likely be Tuesday's primary focus, with Coca-Cola, Philip Morris, GE Aerosapce, Lockheed Martin, 3M, Northrop Grumman, General Motors and Halliburton all slated to report quarterly earnings before the open, while Netflix and Chubb will publish their latest quarterly figures after the close.
On the macro front, Federal Reserve governor Christopher Waller will deliver a speech at 1400 BST.
Reporting by Iain Gilbert at Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN