Stock futures were little changed Tuesday, a day after the S&P 500 and Nasdaq Composite hit fresh records. S&P 500 futures ticked lower by 0.1%, while Nasdaq 100 futures lost 0.2%. Futures tied to the Dow Jones Industrial Average moved down 73 points, or 0.2%. In the previous session, the S&P 500 rose about 0.1% and the Nasdaq Composite advanced nearly 0.4%. Both indexes hit new all-time intraday highs and closed at records, aided by a pre-earnings jump in Alphabet. The Dow underperformed and ended the day marginally lower. Investors are turning to a big week for second-quarter financial results. So far, more than 60 S&P 500 companies have reported, with more than 85% of those topping analysts’ estimates, according to FactSet data. Eyes are on commentary from companies about macroeconomic certainty, the impact of tariffs and details on demand and spending related to artificial intelligence. Philip Morris International, Coca-Cola and Lockheed Martin are just a few of the companies on deck to report earnings results on Tuesday. Google parent Alphabet and Tesla will report Wednesday, kicking off highly anticipated results from the “Magnificent Seven” companies. The mega-cap tech companies are expected to contribute to a significant amount of earnings growth this season. Given the recent rally in stocks, investors are watching for how far the market can run, with some commenting that valuations already appear stretched. Cetera Investment Management chief investment officer Gene Goldman said that “much of the good news appears to be priced in, leaving little margin for error.” “Markets may have rallied too far, too fast,” Goldman added. “After dipping after ‘liberation day’ to 4,982, the S&P bounced back sharply, in fact – the recovery has been the fastest in nearly 50 years even as 2025 earnings expectations were nearly halved.” On the economic front, traders will be monitoring Federal Reserve Chairman Jerome Powell’s comments at an event in Washington on Tuesday morning. U.S. Treasury yields crept higher on Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s speech. The 10-year Treasury yield was more than 2 basis points higher at 4.396%. The 2-year yield rose more than 1 basis point to 3.871%. The 30-year yield was more than 2 basis points higher at 4.966%. Asia-Pacific markets ended the day mixed Tuesday. Hong Kong’s Hang Seng Index rose 0.54% to close at 25,130.03, while mainland China’s CSI 300 index increased by 0.82% to 4,118.96. Japan’s Nikkei 225 benchmark pared earlier gains and ended the day down 0.11% to close at 39,774.92, while the broader Topix index was flat at 2,836.19. Meanwhile, South Korea’s Kospi index dropped 1.27% to close at 3,169.94, while the small-cap Kosdaq lost 1.06% to 812.97. Australia’s S&P/ASX 200 benchmark ticked up 0.1% to end the day at 8,677.20. Oil prices declined for a third consecutive session on Tuesday on concerns the brewing trade war between major crude consumers the United States and the European Union will curb fuel demand growth by reducing economic activity. Brent crude futures were down 49 cents, or 0.7%, to $68.72 a barrel at 0915 GMT. U.S. West Texas Intermediate crude was at $66.60 a barrel, down 60 cents, or 0.9%. The August WTI contract expires on Tuesday and the more active September contract was down 47 cents, or 0.7%, to $65.48 a barrel. “Oil prices fell for a third straight session … as urgency builds in trade negotiations between the U.S. and its partners,” Soojin Kim, an analyst at bank MUFG, said in a note. Gold eased on Tuesday as investors booked profits after prices scaled a five-week high, while market participants focused on trade talks ahead of U.S. President Donald Trump’s August 1 deadline. Spot gold fell 0.3% to $3,385.20 per ounce. Earlier in the session, bullion hit its highest since June 17. U.S. gold futures were down 0.3% at $3,396.10. Gold prices edged lower amid profit-booking but remained close to the five-week high due to lingering uncertainty ahead of the August 1 tariff deadline, said Jigar Trivedi, a senior commodity analyst at Reliance Securities. “Gold is likely to stay bullish. A strong resistance is seen near $3,420. On the flip side, $3,350 is a support,” he said. The U.S. dollar index steadied against its rivals. A stronger dollar makes greenback-priced gold more expensive for other currency holders.