U.S. stocks were poised to open lower Tuesday, on the heels of record closes for major indexes, as investors braced for a big batch of earnings from companies such as Goldman Sachs Group Inc. and Lockheed Martin Corp.
Dow Jones Industrial Average futures eased 25 points, or 0.1%, to 18,426, while those for the S&P 500 index dropped 5.9 points, or 0.3%, to 2,154. Nasdaq-100 futures fell 10.75 points, or 0.2%, to 4,597.25
Both the S&P 500 and the Dow industrials finished Monday's session with small gains, but at all-time closing highs. Technology, materials and financial stocks led the way higher.
But fresh records could be hard to carve out Tuesday, with European stocks firmly in the red in mid-morning action. The German ZEW economic sentiment survey fell to its lowest since 2012 on Brexit fears, according to Dow Jones Newswires.
Oil prices traded moderately lower, while gold prices rose $5, or 0.4%, to $1,334.20 an ounce.
Data on housing starts and building permits for June are on the economic calendar, both due at 8:30 a.m. Eastern Time. The larger focus for investors will be a sizeable batch of earnings.
Stocks to watch: The big names reporting earnings ahead of the bell are Goldman Sachs (GS), Philip Morris International Inc.(PM), UnitedHealth Group Inc. (UNH), Johnson & Johnson(JNJ) and Lockheed Martin Corp. (LMT)