US stock futures little changed after back-to-back gains, tariff optimism

At 6:10 a.m. ET, blue-chip Dow futures gained 0.01%; wide S&P 500 futures added 0.13%; and tech-heavy Nasdaq futures gained 0.28%.

As investors hunt for much clues connected however tariffs could impact the economy, they whitethorn crook to firm earnings. Earnings play kicked disconnected Friday. Before the marketplace opens Tuesday, investors volition spot results from Bank of America, Citigroup, Johnson & Johnson and PNC Financial. Investors volition beryllium looking for clues successful guardant guidance and executives' comments.

After the marketplace closed connected Monday, Treasury Secretary Scott Bessent said successful a Bloomberg interrogation Trump medication has already been reasoning astir who volition regenerate Fed Chair Jerome Powell.

With 13 months until Powell’s word is up, Bessent was asked however the Administration thinks astir who should pb the Fed. Bessent said “We deliberation astir it each of the time. When are we going to commencement interviewing candidates, that volition beryllium sometime successful the Fall.”

Mike O'Rourke, main marketplace strategist astatine JonesTrading, said aft Bessent's comments: "after elevating Powell to Fed Chairman successful 2018, the President rapidly soured connected Powell successful 2019 and has remained a professional since. Thus, it is not a astonishment that the President would program to regenerate Chairman Powell astatine the extremity of his term, but it is astonishing however candid Bessent was."