Stock futures hovered near the flatline on Tuesday, after the S&P 500 and NASDAQ Composite pulled back from record highs.
Futures for the Dow Jones Industrial average stalled 36 points, or 0.1%, to 44,442.
Futures for the S&P 500 acquired four points, or 0.1%, to 6,069.75
Futures for the NASDAQ Composite Index sank 41 points, or 0.2%, to 21,524,75.
Oracle shares slumped more than 6% after the database software company posted fiscal second-quarter results that missed Wall Street’s estimates. The stock has jumped more than 80% this year.
The major averages fell on Monday. The S&P 500 and the NASDAQ Composite slid about 0.6%, dropping from recent records as Nvidia shares declined. Shares of the chip giant fell again Tuesday on the heels of a Chinese regulator saying it was investigating the company for possible violations of the country’s antimonopoly law.
Elsewhere in tech, juggernauts Meta Platforms, Amazon and Netflix also ended the previous session lower.
Several companies of note are also reporting results Tuesday, including GameStop and Dave & Buster’s Entertainment
Investors are now waiting on the U.S. consumer price index report, which is due Wednesday and could influence how the Federal Reserve proceeds on interest rates at its Dec. 17-18 meeting. Economists polled by Dow Jones forecast that headline inflation rose 0.3% in November and 2.7% over the prior 12 months.
In Japan, the Nikkei 225 gained 0.5% Tuesday, while in Hong Kong, the Hang Seng dropped 0.5%
Oil prices ditched 34 cents to $68.03 U.S. a barrel.
Gold prices jumped $11.30 to $2,697.10 U.S. an ounce.
