Japan Indexes Rebounded Overlooking U.S. Trade Policy Uncertainty and AI Worries

Japan's benchmark indexes rebounded on Tuesday, and investors returned from a three-day holiday. 

The Nikkei 225 Stock Average increased 0.9%, the broader Topix advanced 0.3%, and the yen hovered at 155.05 against the U.S. dollar. 

Stocks in Tokyo overlooked overnight weakness in New York trading driven by growing concerns about the AI-related disruptions, deepening uncertainty surrounding the U.S. trade policy, and rapidly escalating tensions between the U.S. and Iran. 

The U.S. Supreme Court struck down emergency tariffs imposed by the Trump administration on Friday, injecting another wave of uncertainty into global markets. 

Moreover, the U.S. president announced a 15% global tariff under the pretext of "payment deficit," valid for 150 days, requiring approval from Congress. 

The high court ruling prompted officials in Tokyo to seek clarity from Washington about the impact of the decisions on Japanese firms and sought U.S. commitment in trade agreements. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average gained 0.9% to 57,339.78, and the broader TOPIX Index added 0.3% to 3,818.72. 

Technology stocks led gainers in Tokyo trading, overcoming overnight jitters in New York.

Kioxia Holdings gained 8.3% to ¥22,270.0, Fujikura Ltd. soared 10% to ¥25,190.0, and Advantest Corp. increased 4.2% to ¥26,545.0.

Japan Indexes Rebounded Overlooking U.S. Trade Policy Uncertainty and AI

Japan's benchmark indexes rebounded on Tuesday, and investors returned from a three-day holiday. 

The Nikkei 225 Stock Average increased 0.9%, the broader Topix advanced 0.3%, and the yen hovered at 155.05 against the U.S. dollar. 

Stocks in Tokyo overlooked overnight weakness in New York trading driven by growing concerns about the AI-related disruptions, deepening uncertainty surrounding the U.S. trade policy, and rapidly escalating tensions between the U.S. and Iran. 

The U.S. Supreme Court struck down emergency tariffs imposed by the Trump administration on Friday, injecting another wave of uncertainty into global markets. 

Moreover, the U.S. president announced a 15% global tariff under the pretext of "payment deficit," valid for 150 days, requiring approval from Congress. 

The high court ruling prompted officials in Tokyo to seek clarity from Washington about the impact of the decisions on Japanese firms and sought U.S. commitment in trade agreements. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average gained 0.9% to 57,339.78, and the broader TOPIX Index added 0.3% to 3,818.72. 

Technology stocks led gainers in Tokyo trading, overcoming overnight jitters in New York.

Kioxia Holdings gained 8.3% to ¥22,270.0, Fujikura Ltd. soared 10% to ¥25,190.0, and Advantest Corp. increased 4.2% to ¥26,545.0.

AI-Linked Stocks Faced Another Down Day In Hong Kong, Mainland Indexes Raced Ahead In Year of the Horse

Stocks in Hong Kong and mainland China diverged as artificial intelligence worries resurfaced. 

The Hang Seng Index dropped nearly 2%, but the mainland-focused CSI 300 Index increased 1.3%. 

Benchmark indexes in New York in overnight trading fell more than 1% amid worries capital-intensive artificial infrastructure investment could lead to larger-than-anticipated job losses over the next three years. 

The job losses worries added to the concerns surrounding lagging returns on AI infrastructure investments, driving down market indexes in New York and Europe.

Market sentiment remained positive in mainland trading as investors returned from a weeklong holiday to celebrate Lunar New Year.

Investors bid up stocks in the hopes that export-driven companies' earnings growth is likely to surpass market expectations despite sweeping U.S. goods tariff chaos.

China Indexes and Stocks 

The Hang Seng Index decreased 1.9% to 26,560.57, and the mainland-focused CSI 300 Index added 1.3% to 4,722.51. 

Artificial intelligence-linked stocks led market decliners in Hong Kong trading on Tuesday.

SMIC decreased 1.7% to HK $69.90, Baidu Inc. dropped 3.1% to HK $129.10, Alibaba Group fell 2.7% to HK $147.70, and Tencent Holdings dropped 3.4% to HK $519.50. 

AI-Linked Stocks Faced Another Down Day In Hong Kong, Mainland Indexes Raced Ahead In Year of the Horse

Stocks in Hong Kong and mainland China diverged as artificial intelligence worries resurfaced. 

The Hang Seng Index dropped nearly 2%, but the mainland-focused CSI 300 Index increased 1.3%. 

Benchmark indexes in New York in overnight trading fell more than 1% amid worries capital-intensive artificial infrastructure investment could lead to larger-than-anticipated job losses over the next three years. 

The job losses worries added to the concerns surrounding lagging returns on AI infrastructure investments, driving down market indexes in New York and Europe.

Market sentiment remained positive in mainland trading as investors returned from a weeklong holiday to celebrate Lunar New Year.

Investors bid up stocks in the hopes that export-driven companies' earnings growth is likely to surpass market expectations despite sweeping U.S. goods tariff chaos.

China Indexes and Stocks 

The Hang Seng Index decreased 1.9% to 26,560.57, and the mainland-focused CSI 300 Index added 1.3% to 4,722.51. 

Artificial intelligence-linked stocks led market decliners in Hong Kong trading on Tuesday.

SMIC decreased 1.7% to HK $69.90, Baidu Inc. dropped 3.1% to HK $129.10, Alibaba Group fell 2.7% to HK $147.70, and Tencent Holdings dropped 3.4% to HK $519.50. 

U.S. President Raised Global Tariffs After Supreme Court Invalidated Trump's Trade Tax

Stocks on Wall Street faced headwinds as investors took refuge in safe haven assets after the U.S. president imposed 15% global tariffs.

The S&P 500 index decreased 0.3%, and the tech-heavy Nasdaq Composite dropped 0.6% following heightened uncertainty surrounding the U.S. trade policy. 

The U.S. Supreme Court late Friday delivered a widely anticipated decision on the legality of the U.S. president's global tariffs. 

In a 6-3 ruling, the high court invalidated most of Trump's tariffs, rebuked the president for overreaching his authority, and urged the Congress to decide on the scope and level of tariffs.

The court's ruling delivered a stinging blow to the key pillar of Trump's trade policy and left unresolved how the $135 billion of tariffs collected will be reimbursed.

The U.S. president announced a new 15% global tariff over the weekend, but that tariff is limited in scope and automatically expires after 150 days, unless extended by the U.S. Congress. 

Donald Trump's reaction to his loss in the Supreme Court raised prospects of another round of chaos, as businesses feared a murky trade climate and uncertainty for at least several months. 

The persistently chaotic management of U.S. trade policy by the Trump administration has kept foreign investors on edge for a year, driving them away to other markets in Asia and Europe. 

Moreover, gold jumped 0.8% to $5,179 an ounce, silver gained 1.8% to $86.11, and the dollar index inched lower to a one-month low of 97.65.

U.S. Movers

Domino's Pizza jumped 5.8% to $407.0 after the pizza delivery company reported better-than-expected fourth-quarter results. 

Revenues increased to $4.9 billion from $4.7 billion, net income advanced to $601.7 million from $584.1 million, and diluted earnings per share rose to $17.57 from $16.59 a year ago. 

U.S. same-store sales growth for the fourth quarter accelerated to 3.7% from 0.4%, and for fiscal 2025 inched lower to 3.0% from 3.2% a year ago, respectively.

U.S. President Raised Global Tariffs After Supreme Court Invalidated Trump's Trade Tax

Stocks on Wall Street faced headwinds as investors took refuge in safe haven assets after the U.S. president imposed 15% global tariffs.

The S&P 500 index decreased 0.3%, and the tech-heavy Nasdaq Composite dropped 0.6% following heightened uncertainty surrounding the U.S. trade policy. 

The U.S. Supreme Court late Friday delivered a widely anticipated decision on the legality of the U.S. president's global tariffs. 

In a 6-3 ruling, the high court invalidated most of Trump's tariffs, rebuked the president for overreaching his authority, and urged the Congress to decide on the scope and level of tariffs.

The court's ruling delivered a stinging blow to the key pillar of Trump's trade policy and left unresolved how the $135 billion of tariffs collected will be reimbursed.

The U.S. president announced a new 15% global tariff over the weekend, but that tariff is limited in scope and automatically expires after 150 days, unless extended by the U.S. Congress. 

Donald Trump's reaction to his loss in the Supreme Court raised prospects of another round of chaos, as businesses feared a murky trade climate and uncertainty for at least several months. 

The persistently chaotic management of U.S. trade policy by the Trump administration has kept foreign investors on edge for a year, driving them away to other markets in Asia and Europe. 

Moreover, gold jumped 0.8% to $5,179 an ounce, silver gained 1.8% to $86.11, and the dollar index inched lower to a one-month low of 97.65.

U.S. Movers

Domino's Pizza jumped 5.8% to $407.0 after the pizza delivery company reported better-than-expected fourth-quarter results. 

Revenues increased to $4.9 billion from $4.7 billion, net income advanced to $601.7 million from $584.1 million, and diluted earnings per share rose to $17.57 from $16.59 a year ago. 

U.S. same-store sales growth for the fourth quarter accelerated to 3.7% from 0.4%, and for fiscal 2025 inched lower to 3.0% from 3.2% a year ago, respectively.

Hong Kong Indexes Soared 2%, U.S. Tariffs Chaos Entered the Next Phase

Stocks in Hong Kong soared as investors increased exposure to China-focused companies amid deepening trade uncertainty in the U.S. 

The Hang Seng Index increased 2.3%, and the mainland-based markets remained shut for the Lunar New Year celebration. 

The U.S. Supreme Court late Friday delivered a widely anticipated decision on the legality of the U.S. president's global tariffs. 

The high court invalidated most of Trump's tariffs, rebuked the president for overreaching his authority, and urged the Congress to decide on the scope and level of tariffs.

The court's ruling delivered a stinging blow to the key pillar of Trump's trade policy and left unresolved how the $135 billion of tariffs collected will be reimbursed.

The U.S. president announced a new 15% global tariff over the weekend, but that tariff is limited in scope and automatically expires after 150 days, unless extended by the U.S. Congress. 

The persistently chaotic management of U.S. trade policy by the Trump administration has kept foreign investors on edge for a year, driving them away to other markets in Asia and Europe. 

On Monday, international investors avoided increasing exposure to the increasingly volatile stocks and directed fresh capital to markets in Asia and Europe.

China Indexes and Stocks 

The Hang Seng Index increased 2.2% to 27,017.88, and the mainland China markets, which have been closed since February 13, are scheduled to reopen on Tuesday. 

Alibaba Group rose 3.6% to HK $152.40, Tencent Holdings increased 0.8% to HK $539.50, and Techtronic Industries advanced 3.5% to HK $123.80. 

Zijin Gold International soared 6.2% to HK $229.0, and Zijin Mining Group advanced 5.3% to HK $44.88. 

Hong Kong Indexes Soared 2%, U.S. Tariffs Chaos Entered the Next Phase

Stocks in Hong Kong soared as investors increased exposure to China-focused companies amid deepening trade uncertainty in the U.S. 

The Hang Seng Index increased 2.3%, and the mainland-based markets remained shut for the Lunar New Year celebration. 

The U.S. Supreme Court late Friday delivered a widely anticipated decision on the legality of the U.S. president's global tariffs. 

The high court invalidated most of Trump's tariffs, rebuked the president for overreaching his authority, and urged the Congress to decide on the scope and level of tariffs.

The court's ruling delivered a stinging blow to the key pillar of Trump's trade policy and left unresolved how the $135 billion of tariffs collected will be reimbursed.

The U.S. president announced a new 15% global tariff over the weekend, but that tariff is limited in scope and automatically expires after 150 days, unless extended by the U.S. Congress. 

The persistently chaotic management of U.S. trade policy by the Trump administration has kept foreign investors on edge for a year, driving them away to other markets in Asia and Europe. 

On Monday, international investors avoided increasing exposure to the increasingly volatile stocks and directed fresh capital to markets in Asia and Europe.

China Indexes and Stocks 

The Hang Seng Index increased 2.2% to 27,017.88, and the mainland China markets, which have been closed since February 13, are scheduled to reopen on Tuesday. 

Alibaba Group rose 3.6% to HK $152.40, Tencent Holdings increased 0.8% to HK $539.50, and Techtronic Industries advanced 3.5% to HK $123.80. 

Zijin Gold International soared 6.2% to HK $229.0, and Zijin Mining Group advanced 5.3% to HK $44.88. 

U.S. Stocks Under Pressure as Walmart's Outlook Weighed On Market Sentiment

Stocks on Wall Street struggled to extend gains of the previous session, and a weaker-than-expected outlook from Walmart weighed on market sentiment. 

The S&P 500 Index decreased 0.2%, and the tech-heavy Nasdaq Composite fell 0.4% amid rising tensions in the Middle East. 

Crude oil prices jumped 2% to $66.40 a barrel, and gold advanced 0.2% to $4,986.30 an ounce as the U.S. signaled its readiness to strike targets deep into Iran.

U.S. initial weekly jobless claims edged lower from the previous week for the second week of February, signaling the stable job market amid a low-hire and low-fire environment. 

The seasonally adjusted initial claims for the week ending on February 14 decreased by 23,000 to 206,000, and continuing claims increased by 17,000 to 1.87 million. 

The previous week's jobless claims were revised up by 2,000 to 229,000, and the continuing claims were revised down by 10,000 to 1,862,000. 

U.S. Movers 

DoorDash Inc. jumped 12% to $194.21 after the food delivery service reported a 32% increase in total orders and a 38% rise in revenue in the fourth quarter. 

Etsy Inc. soared 21% to $53.29 after the e-commerce platform operator agreed to sell Depop, a consumer-to-consumer fashion marketplace for vintage and second-hand clothing, to eBay for $1.2 billion in cash subject to certain milestones and conditions. 

Ebay jumped 7.6% to $88.42 following the Depop deal announcement. 

Walmart Inc. declined 2.9% to $122.95 despite the company reporting higher-than-expected revenue and earnings in the holiday quarter. 

Walmart said fiscal fourth-quarter revenue rose 6%, driven by a rise in e-commerce sales, third-party marketplace fees, and advertising revenue.

U.S. Stocks Under Pressure as Walmart's Outlook Weighed On Market Sentiment

Stocks on Wall Street struggled to extend gains of the previous session, and a weaker-than-expected outlook from Walmart weighed on market sentiment. 

The S&P 500 Index decreased 0.2%, and the tech-heavy Nasdaq Composite fell 0.4% amid rising tensions in the Middle East. 

Crude oil prices jumped 2% to $66.40 a barrel, and gold advanced 0.2% to $4,986.30 an ounce as the U.S. signaled its readiness to strike targets deep into Iran.

U.S. initial weekly jobless claims edged lower from the previous week for the second week of February, signaling the stable job market amid a low-hire and low-fire environment. 

The seasonally adjusted initial claims for the week ending on February 14 decreased by 23,000 to 206,000, and continuing claims increased by 17,000 to 1.87 million. 

The previous week's jobless claims were revised up by 2,000 to 229,000, and the continuing claims were revised down by 10,000 to 1,862,000. 

U.S. Movers 

DoorDash Inc. jumped 12% to $194.21 after the food delivery service reported a 32% increase in total orders and a 38% rise in revenue in the fourth quarter. 

Etsy Inc. soared 21% to $53.29 after the e-commerce platform operator agreed to sell Depop, a consumer-to-consumer fashion marketplace for vintage and second-hand clothing, to eBay for $1.2 billion in cash subject to certain milestones and conditions. 

Ebay jumped 7.6% to $88.42 following the Depop deal announcement. 

Walmart Inc. declined 2.9% to $122.95 despite the company reporting higher-than-expected revenue and earnings in the holiday quarter. 

Walmart said fiscal fourth-quarter revenue rose 6%, driven by a rise in e-commerce sales, third-party marketplace fees, and advertising revenue.

U.S. Movers: Cadence Design, Caesar's Entertainment, Palo Alto Networks

Cadence Design Systems rose 5.3% to $298.28 after the electronic design automation company reported fourth-quarter results. 

Revenue increased to $1.44 billion from $1.35 billion, net income advanced to $388.1 million from $340.2 million, and diluted earnings per share rose to $1.42 from $1.24 a year ago. 

For fiscal year 2026, the company estimated revenue to range between $5.9 billion and $6.0 billion, and diluted earnings per share between $4.95 and $5.05. 

Backlog at the end of 2025 increased to a record high of $7.8 billion, said John Wall, senior vice president and chief financial officer. 

Palo Alto Networks fell 6.5% to $151.25 after the cybersecurity services provider's guidance fell short of market expectations. 

Revenue in the fiscal second quarter ending in January rose 15% to $2.6 billion, net income soared to $432 million from $267 million, and diluted earnings per share advanced to 61 cents from 38 cents a year ago. 

For the fiscal third quarter, the company estimated revenue in the range of $2.941 billion and $2.945 billion, and diluted adjusted income per share was between 78 cents and 80 cents. 

Caesars Entertainment increased 3.9% to $19.70 after the casino operator reported fourth-quarter results. 

Net revenues increased to $2.9 billion from $2.8 billion, net income attributable to shareholders swung to a loss of $250 million from an income of $11 million, and diluted earnings per share was a loss of $1.23 from an income of 5 cents. 

While the brick-and-mortar store revenue was stable at $1.0 billion, digital revenue increased to $419 million from $302 million a year ago. 

U.S. Movers: Cadence Design, Caesar's Entertainment, Palo Alto Networks

Cadence Design Systems rose 5.3% to $298.28 after the electronic design automation company reported fourth-quarter results. 

Revenue increased to $1.44 billion from $1.35 billion, net income advanced to $388.1 million from $340.2 million, and diluted earnings per share rose to $1.42 from $1.24 a year ago. 

For fiscal year 2026, the company estimated revenue to range between $5.9 billion and $6.0 billion, and diluted earnings per share between $4.95 and $5.05. 

Backlog at the end of 2025 increased to a record high of $7.8 billion, said John Wall, senior vice president and chief financial officer. 

Palo Alto Networks fell 6.5% to $151.25 after the cybersecurity services provider's guidance fell short of market expectations. 

Revenue in the fiscal second quarter ending in January rose 15% to $2.6 billion, net income soared to $432 million from $267 million, and diluted earnings per share advanced to 61 cents from 38 cents a year ago. 

For the fiscal third quarter, the company estimated revenue in the range of $2.941 billion and $2.945 billion, and diluted adjusted income per share was between 78 cents and 80 cents. 

Caesars Entertainment increased 3.9% to $19.70 after the casino operator reported fourth-quarter results. 

Net revenues increased to $2.9 billion from $2.8 billion, net income attributable to shareholders swung to a loss of $250 million from an income of $11 million, and diluted earnings per share was a loss of $1.23 from an income of 5 cents. 

While the brick-and-mortar store revenue was stable at $1.0 billion, digital revenue increased to $419 million from $302 million a year ago. 

U.S. Stocks Lacked Momentum, Metals and Oil Rebounded

Stocks struggled to advance for the second consecutive session in New York amid persistent weakness in the tech sector. 

The S&P 500 Index decreased 0.05%, and the tech-heavy Nasdaq Composite declined 0.07% as investors awaited the release of the Fed's latest policy meeting minutes. 

The rate-setting committee meeting left unrevised the Fed Funds rate range between 3.5% and 3.75% at the end of its 2-day meeting on January 28. 

Investors are hoping to get deeper insights into the Fed's decision-making and future rate outlook. 

Investors are looking forward to the release of the Fed's preferred inflation measure on Friday.

The personal consumption expenditure price index for December is scheduled to be released on Friday, and investors are expecting the alternative measure of inflation to stay above November's reading of 2.8%. 

The futures prices for crude oil for immediate month delivery rose 1.1% to $63.06 a barrel, and the gold price advanced 0.7% to $4,914 an ounce. 

Silver jumped 3% to $75.65 an ounce, and copper advanced 2% to $5.70 per pound. 

Across the Atlantic, benchmark indexes in Europe inched closer to record levels, driven by a rally in defense stocks and reaction to speculation about the possible change in leadership at the European Central Bank.

U.S. Movers

Cadence Design Systems rose 5.3% to $298.28 after the electronic design automation company reported fourth-quarter results. 

Revenue increased to $1.44 billion from $1.35 billion, net income advanced to $388.1 million from $340.2 million, and diluted earnings per share rose to $1.42 from $1.24 a year ago. 

For fiscal year 2026, the company estimated revenue to range between $5.9 billion and $6.0 billion, and diluted earnings per share between $4.95 and $5.05. 

Backlog at the end of 2025 increased to a record high of $7.8 billion, said John Wall, senior vice president and chief financial officer. 

Palo Alto Networks fell 6.5% to $151.25 after the cybersecurity services provider's guidance fell short of market expectations. 

Revenue in the fiscal second quarter ending in January rose 15% to $2.6 billion, net income soared to $432 million from $267 million, and diluted earnings per share advanced to 61 cents from 38 cents a year ago. 

For the fiscal third quarter, the company estimated revenue in the range of $2.941 billion and $2.945 billion, and diluted adjusted income per share was between 78 cents and 80 cents. 

Caesars Entertainment increased 3.9% to $19.70 after the casino operator reported fourth-quarter results. 

Net revenues increased to $2.9 billion from $2.8 billion, net income attributable to shareholders swung to a loss of $250 million from an income of $11 million, and diluted earnings per share was a loss of $1.23 from an income of 5 cents. 

While the brick-and-mortar store revenue was stable at $1.0 billion, digital revenue increased to $419 million from $302 million a year ago. 

U.S. Stocks Lacked Momentum, Metals and Oil Rebounded

Stocks struggled to advance for the second consecutive session in New York amid persistent weakness in the tech sector. 

The S&P 500 Index decreased 0.05%, and the tech-heavy Nasdaq Composite declined 0.07% as investors awaited the release of the Fed's latest policy meeting minutes. 

The rate-setting committee meeting left unrevised the Fed Funds rate range between 3.5% and 3.75% at the end of its 2-day meeting on January 28. 

Investors are hoping to get deeper insights into the Fed's decision-making and future rate outlook. 

Investors are looking forward to the release of the Fed's preferred inflation measure on Friday.

The personal consumption expenditure price index for December is scheduled to be released on Friday, and investors are expecting the alternative measure of inflation to stay above November's reading of 2.8%. 

The futures prices for crude oil for immediate month delivery rose 1.1% to $63.06 a barrel, and the gold price advanced 0.7% to $4,914 an ounce. 

Silver jumped 3% to $75.65 an ounce, and copper advanced 2% to $5.70 per pound. 

Across the Atlantic, benchmark indexes in Europe inched closer to record levels, driven by a rally in defense stocks and reaction to speculation about the possible change in leadership at the European Central Bank.

U.S. Movers

Cadence Design Systems rose 5.3% to $298.28 after the electronic design automation company reported fourth-quarter results. 

Revenue increased to $1.44 billion from $1.35 billion, net income advanced to $388.1 million from $340.2 million, and diluted earnings per share rose to $1.42 from $1.24 a year ago. 

For fiscal year 2026, the company estimated revenue to range between $5.9 billion and $6.0 billion, and diluted earnings per share between $4.95 and $5.05. 

Backlog at the end of 2025 increased to a record high of $7.8 billion, said John Wall, senior vice president and chief financial officer. 

Palo Alto Networks fell 6.5% to $151.25 after the cybersecurity services provider's guidance fell short of market expectations. 

Revenue in the fiscal second quarter ending in January rose 15% to $2.6 billion, net income soared to $432 million from $267 million, and diluted earnings per share advanced to 61 cents from 38 cents a year ago. 

For the fiscal third quarter, the company estimated revenue in the range of $2.941 billion and $2.945 billion, and diluted adjusted income per share was between 78 cents and 80 cents. 

Caesars Entertainment increased 3.9% to $19.70 after the casino operator reported fourth-quarter results. 

Net revenues increased to $2.9 billion from $2.8 billion, net income attributable to shareholders swung to a loss of $250 million from an income of $11 million, and diluted earnings per share was a loss of $1.23 from an income of 5 cents. 

While the brick-and-mortar store revenue was stable at $1.0 billion, digital revenue increased to $419 million from $302 million a year ago. 

Weakness In Megacap Tech Stocks Overshadowed Market Sentiment

Wall Street indexes struggled to stay above the flatline on Tuesday after closing down in the previous week.

The S&P 500 index decreased 0.3%, and the Nasdaq Composite advanced 0.7% amid persistent worries related to the Fed's independence, the Trump administration's chaotic trade policy, and overinvestment in artificial intelligence infrastructure. 

Those worries dragged down the S&P 500 index for two consecutive weeks in a row, and the tech-heavy Nasdaq Composite fell for the fifth week in a row. 

The U.S. financial markets were closed on Monday for the celebration of Presidents' Day. 

Investors are awaiting the release of Federal Reserve meeting minutes on Wednesday and the personal consumption expenditure report on Friday. 

U.S. Movers

Alphabet, Amazon.com, Nvidia, Meta Platforms, and Microsoft fell more than 1% in early trading on Tuesday.

Palo Alto Networks decreased 0.5% to $166.21 ahead of the company's results after the close of the regular trading session on Tuesday.

Wayfair decreased 0.2% to $81.93, and Walmart declined 0.3% to $133.23, and both companies are scheduled to release their quarterly results later in the week.