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U.S. stock futures were mixed early Tuesday after the S&P 500 and NASDAQ Composite posted new record highs in the previous session, while investors waded through the latest batch of corporate earnings.
Futures for the Dow Jones Industrials jumped 108 points, or 0.2%, to 49,456.
Futures for the much broader market retreated 34.5 points, or 0.5%, to 7,171.50
Futures for the NASDAQ slid 276 points, or 1%, to 27,164.50.
General Motors, meanwhile, reported better-than-expected earnings, sending shares higher by 3.8%. UPS also delivered an earnings beat, though the stock shed 3%.
The news comes during a major earnings week for the stock market, with five of the “Magnificent Seven” tech titans slated to report. Alphabet, Amazon, Meta Platforms and Microsoft are due Wednesday, while Apple’s results are set for Thursday.
In Japan, the Nikkei 225 ditched 1% Tuesday, while in Hong Kong, the Hang Seng also fell 1%
Oil prices gained $4.34 to $100.71 U.S. a barrel.
Gold prices doffed $78.40 to $4,615.60 U.S an ounce.