Stocks looked set for losses on Tuesday as investors locked in their gains from a stellar trading session. Signs of thawing trade tensions between the U.S. and China sparked an eye-popping rally Monday.
Futures tracking the Dow Jones Industrial Average slipped 96 points, or 0.2%. S&P 500 futures slid 0.4%, and contracts tied to the technology-heavy Nasdaq 100 fell 0.4%.
The three blue-chip indexes racked up massive gains to start the week after Washington and Beijing said they had brokered a deal to scale back tariffs for 90 days, with the Dow exiting correction territory and the Nasdaq entering a new bull market.