Stock futures were sliding on Tuesday, as investors opted to take some profit ahead of another batch of quarterly earnings reports that could help determine if the current risk-on rally still has legs.
Futures tracking the Dow Jones Industrial Average slid 74 points, or 0.2%. S&P 500 futures were down 0.1%, and contracts tied to the tech-heavy Nasdaq 100 were also down 0.1%.
The yield on the benchmark 10-year note remained below 4%, sliding by 1 basis point to 3.97%. The dollar ticked up 0.2% against a weighted basket of its peers, and gold slid 0.4% to $4,340 an ounce.
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