U.S. stock futures were moving slightly higher ahead of the opening bell.
Investors have been nervous that corporate earnings may not be strong enough to justify higher stock prices.
The first of the big banks are releasing earnings before the opening bell.
Wells Fargo (Fortune 500) is also slated to release quarterly results before the market open. ,
This is just the beginning. Investors are readying themselves for a slew of quarterly earnings announcements over the coming weeks.
In economic news, the U.S. Census Bureau will release its monthly report on retail sales at 8:30 a.m. ET.
U.S. stocks fell sharply as a sell-off gained momentum into the close Monday.
Mike van Dulken, head of research at Accendo Markets noted that a new report from Goldman Sachs (Fortune 500) said , S&P 500 multiples were lofty by almost any measure and further expansion would be difficult to achieve.
Market losses were also spurred on after Atlanta Fed President Dennis Lockhart said he would support the Federal Reserve in continuing to taper its stimulus program, provided the economy continues to improve.
The Fed's stimulus program -- involving billions of dollars in asset purchases -- helped support a massive stock market run-up in 2013.
|Pope Francis challenges the free market - The Buzz|
|Stocks: It's report card time on Wall Street|
|General Mills reverses course on right to sue after backlash|
|5 people you might not tip (but should)|
|Americans have fallen in love with real estate once again|
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.36%||4.24%|
|15 yr fixed||3.39%||3.26%|
|30 yr refi||4.34%||4.22%|
|15 yr refi||3.38%||3.24%|
Today's featured rates: