Stock futures were relatively unchanged on Tuesday as investors digested a slew of earnings results and took a breather following a rally in the previous session. Futures tied to the Dow Jones Industrial Average hovered around the flatline. S&P 500 futures and Nasdaq-100 futures were also flat. Equity futures received a bit of a boost after a trio of old economy stocks saw gains on the heels of better-than-expected quarterly results. Shares of General Motors soared 11% in the premarket hiked its guidance for the full year and topped estimates. The Detroit automaker also lowered its estimated impact from President Donald Trump’s tariffs for the year, saying that it expects to offset about 35% of that hit. Additionally, Coca-Cola and 3M jumped 2% and more than 1%, respectively, after their latest releases also surpassed Wall Street’s estimates. Meanwhile, other names like Zions Bancorp were almost 2% higher after the regional bank reported third-quarter profits that rose from a year ago, despite the disclosure of some bad loans late last week that sparked a broader market rout. The latest moves come after the three major U.S. indexes rose on Monday, lifted by a jump in Apple shares and optimism that the U.S. government shutdown could be nearing an end. National Economic Council director Kevin Hassett told CNBC’s “Squawk Box” on Monday that the impasse — now the third-longest government shutdown in U.S. history — “is likely to end sometime this week” and that the White House was prepared to take stronger measures to force an end to the stalemate if no deal is reached this week. Investors are monitoring a crucial week ahead for third-quarter earnings, which are revving up with Netflix set to report after the bell Tuesday and Tesla due Wednesday. A strong start to the earnings season so far appears to be supporting the broader market rally, particularly amid an economic data blackout due to the government shutdown. More than three-quarters of the S&P 500 companies that have posted results so far have beaten expectations, according to FactSet. Major tech companies are expected to account for a dominant portion of profits as the artificial intelligence trade remains strong, with the “Magnificent Seven” companies expected to report year-over-year earnings growth of 14.9%, compared with 6.7% for the index’s remaining 493 companies, per FactSet. “If the Mag Seven can deliver on elevated profit expectations … markets could see another leg higher. Market action on Friday and Monday might suggest investors are beginning to place their chips on Big Tech ahead of key profit reports next week,” said Ameriprise Financial chief market strategist Anthony Saglimbene. “Given elevated expectations and valuations, results from this group could influence broader market direction into year-end.” “Profit outperformance, combined with stable outlooks and strong AI tailwinds, could be greeted favorably as we move through the earnings season, though some may argue stock prices already reflect these positives,” Saglimbene added. Propping up sentiment is also the market’s anticipation of another quarter percentage point rate cut at the Federal Reserve’s late October meeting. Consumer price index data due Friday is expected to give clues on the state of inflation, which could influence the central bank’s upcoming decision. Trade tensions between the U.S. and China are also in the spotlight. Trump has threatened an additional 100% tariff on Chinese imports beginning Nov. 1, but his optimistic comments on a potential trade deal with Beijing have assuaged fears about an escalating trade war. Trump said on Monday he expects to reach a fair deal with Beijing after his upcoming meeting with Chinese President Xi Jinping later this month in South Korea. U.S. Treasury yields were little changed on Tuesday as investors continued to monitor the government shutdown and growing optimism for a resolution. The 10-year Treasury yield dropped less than 1 basis point to 3.98%. The 2-year Treasury note yield fell less than 1 basis point as well to 3.463%, as did the 30-year bond yield to 4.57%. Japan’s benchmark Nikkei 225 pared gains Tuesday, falling from record highs, after hardline conservative Sanae Takaichi won the lower house vote, to become Japan’s first woman prime minister. The Nikkei 225 index closed 0.27% higher at 49,316.06. The Topix also pared gains to settle nearly flat at 3,249.5, after hitting a record high earlier in the day. Meanwhile, South Korea’s Kospi index ended the day 0.24% at 3,823.84 after hitting a sixth consecutive record high, building on a rally spurred by optimism around an impending trade deal with the U.S. Australia’s ASX/S&P 200 rose 0.7% to close at 9,094.7. Hong Kong’s Hang Seng Index rose 0.76% to 26,055 while mainland China’s CSI 300 jumped 1.53% to 4,607.87. Oil prices held steady on Tuesday after a fall in the previous session as concerns about oversupply and risks to demand, along with the trade dispute between the U.S. and China, the world’s top two oil consumers, weigh on the markets. Brent crude futures were unchanged at $61.01 a barrel. The U.S. West Texas Intermediate crude (WTI) contract for November delivery, set to expire on Tuesday, was down 15 cents at $57.37. The more active December contract was steady at $57.02. Prices declined to their lowest since early May on Monday on the concerns around oversupply and slowing economic growth resulting from the recent escalations in the U.S.-China trade dispute. “Speculative bets on lower prices are likely to persist as long as Brent remains below $65,” said Ole Hansen, head of commodity strategy at Saxo Bank. Gold prices fell over 1% on Tuesday as investors booked profits after the metal hit another record high in the previous session, driven by expectations of U.S. interest rate cuts and strong safe-haven demand. Spot gold was down 1.6% at $4,287.89 per ounce, having hit an all-time high of $4,381.21 on Monday. U.S. gold futures for December delivery fell 1.3% to $4,303.60 per ounce. The dollar index rose 0.2%, making bullion more expensive for holders of other currencies. Gold prices fell over 1% on Tuesday as investors booked profits after the metal hit another record high in the previous session, driven by expectations of U.S. interest rate cuts and strong safe-haven demand. Spot gold was down 1.6% at $4,287.89 per ounce, having hit an all-time high of $4,381.21 on Monday. U.S. gold futures for December delivery fell 1.3% to $4,303.60 per ounce. The dollar index rose 0.2%, making bullion more expensive for holders of other currencies.