U.S. stock futures were pointing to a softer start Tuesday as investors consolidate recent gains and look for reasons to push markets to even higher peaks.
Stocks have surged this year thanks to a slowly recovering economy and continued bond buying from the Fed, leaving the major U.S. indexes sitting at or near record highs.
"The market is basically doing pretty good, considering that tapering is back on the table," said Peter Cardillo, chief market economist at Rockwell Global Capital.
It's a light corporate news and economic calendar Tuesday, with quarterly results earnings before the bell due from DISH Network (Fortune 500) and , Yingli Green Energy (. DISH reported a quarterly gain in profit and revenue, compared with the year-ago quarter. )
U.S. markets eked out narrow gains Monday.
European markets were mixed in morning trading.
Most Asian markets closed on a positive note. Japan's Nikkei spiked 2.2% after official data showed a better-than-expected current account balance.
|GM's $1.3 billion recall cost wipes out profit|
|Regulators pave way for Internet "fast lane" with net neutrality rules|
|Female gun instructors in hot demand|
|Apple shares soar on increased buyback|
|What stumps Warren Buffett? Minimum wage|
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.28%||4.41%|
|15 yr fixed||3.30%||3.33%|
|30 yr refi||4.31%||4.39%|
|15 yr refi||3.35%||3.31%|
Today's featured rates: