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U.S. stock index futures pointed to a lower open on Tuesday, as European stocks fell.
Ahead of the opening bell, futures for the Dow Jones Industrials slid 52 points, or 0.3%, at 19,780. Futures for the S&P 500 sank 8.75 points, or 0.4%, to 2,263.75. NASDAQ futures gave up 19.75 points, or 0.4%, at 5,041.5
Markets stateside were shuttered Monday for Martin Luther King Day.
British Prime Minister Theresa May outlined plans for the United Kingdom's exit from the European Union, saying the U.K. government will put the European Union to a parliamentary vote. Traders also eyed earnings and geared up for U.S. President-elect Donald Trump's inauguration on Friday.
On the earnings front Tuesday, Morgan Stanley and UnitedHealth posted better-than-expected quarterly results before the bell. CSX and United Continental are among companies due to report after the bell.
In Europe, the World Economic Forum in Davos is underway. Xi Jinping, the first Chinese president to attend the gathering, said in a speech that "no one would emerge as a winner in a global trade war." Xi also said China has no intention of trying to boost trade by devaluing the yuan or entering into a currency war.
In China, the CSI 300 eked up 0.2%, while the Nikkei 225 in Japan tumbled 1.5%.
As the week rolls on, all eyes will be on Trump's inauguration, with markets anticipating what he will say when he speaks to the nation as president for the first time.
On the data front, Empire State Manufacturing was set to come out at 8:30 a.m. ET.
Oil prices added 83 cents to $53.20 U.S. a barrel
Gold prices moved up $17.60 to $1,213.80 U.S. an ounce.
