S&P 500 futures rose slightly on Tuesday as the S&P 500 and Nasdaq Composite looked to build on their record-setting performances from the previous session. S&P 500 futures and Nasdaq-100 futures climbed 0.1% and 0.2%. Dow Jones Industrial Average futures hovered near the flatline. The S&P 500 and Nasdaq Composite closed Monday’s session at all-time highs again, as investors awaited key inflation data and earnings results due out later this week. The S&P 500 continued its advance as easing pricing pressures, and slowing growth, have investors increasingly optimistic the Federal Reserve will soon start to ease up on monetary policy. But others, who are concerned a correction is on the horizon, are urging investors to broaden their exposure. “You really want to stay broadly diversified,” Courtney Garcia, senior wealth advisor at Payne Capital Management, told CNBC’s “Closing Bell” on Monday. “I don’t think that the momentum trade here is ending, especially in the short term, but when it changes, it’s going to change fast. And when you’re looking at valuations, there’s a lot of opportunities here.” Federal Reserve Chair Jerome Powell will testify this week before Congress as part of his semiannual update on monetary policy. Powell will speak first to the Senate Banking Committee on Tuesday, followed by an appearance Wednesday before the House Financial Services Committee. Key inflation data is due out later this week with the June consumer price index on Thursday, as well as the producer price index on Friday. On the earnings front, PepsiCo and Delta Air Lines are set to post results on Thursday. Bank earnings results from Citigroup and JPMorgan Chase are due out Friday. U.S. Treasury yields were higher on Tuesday as investors looked ahead to economic data and comments from Federal Reserve Chair Jerome Powell. The yield on the 10-year Treasury was up by over 2 basis points at 4.291%. The 2-year Treasury yield was last at 4.633% after rising by more than 1 basis point. Asia-Pacific markets rose on Tuesday, after the S&P 500 and the Nasdaq Composite closed at record highs overnight, with Japan’s Nikkei and Topix hitting fresh highs. Nikkei 225 rose over 1.96% to close at 41,580.17 after hiting a new peak at 41,769.35. The broad-based Topix also added 0.97% to close at 2,895.55 after reaching new highs at 2,907.21. South Korea’s Kospi inched up 0.34% to close at 2,867.38 even as shares of heavyweight Samsung Electronics gained 0.46%, even as the company’s largest union continued its three-day strike as it seeks better pay. Hong Kong’s Hang Seng Index was up 0.1% as of its last hour of trading, while the CSI 300 advanced 1.12% to close at 3,439.81. India’s Nifty 50 index similarly hit an all-time high of 24,401.2 and the BSE Sensex added 0.38%. Australia’s S&P/ASX 200 added 0.86% to close at 7,829.7, even as the country’s consumer sentiment for July dipped 1.1% compared with a 1.7% increase in the previous month. U.S. crude oil prices fell for the third straight session on Tuesday, as Gulf Coast oil infrastructure appears to have avoided any substantial damage from Tropical Storm Beryl. On Monday, Beryl made landfall in Matagorda, Texas, as a Category 1 hurricane but later weakened into a tropical storm. Beryl has moved inland as a tropical depression and is now north of Shreveport, Louisiana, according to the National Hurricane Center. “Hurricane Beryl has not only dumped water on all in its path, but it has also quenched some of the bullish fervour that was slowly developing within the oil fraternity,” John Evans, an analyst at oil broker PVM, said in a note on Tuesday. West Texas Intermediate August contract: $82.07 per barrel, down 26 cents, or 0.32%. Year to date, U.S. oil has gained 14.5%. Brent September contract: $85.51 per barrel, down 24 cents, or 0.28%. Year to date, the global benchmark is ahead by 10.9%. Gold prices ticked higher on Tuesday, with investors awaiting comments from Federal Reserve Chair Jerome Powell and the U.S. June inflation data for further cues on the likely direction of interest rates. Spot gold was up 0.2% at $2,363.69 per ounce. U.S. gold futures firmed 0.3% to $2,370.80. Powell is due to speak before the Senate on Tuesday and the House on Wednesday.