U.S. stock index futures fell in early morning trading Tuesday, after the Dow and S&P 500 closed at record highs during regular trading on Monday.
Futures for the Dow Jones Industrials sank 203 points, or 0.6%, to 35,331.
Futures for the S&P 500 slipped 19.5 points, or 0.4%, to 4,454.50.
Futures for the NASDAQ Composite Index dipped 55.75 points, or 0.4%, to 15,078.25.
Dow member Home Depot fell roughly 3% in pre-market trading after reporting second-quarter results, knocking futures. While quarterly earnings topped estimates, same-store sales rose 4.5% in the period, below the 5% consensus estimate of analysts polled by StreetAccount. U.S. same store sales increased by just 3.4%.
Walmart shares ebbed lower in pre-market trading even after second-quarter earnings topped estimates. The retailer issued cautious guidance; the company said it will earn between $1.30 and $1.40 a share this quarter while the consensus analyst estimate is $1.32.
The closely watched retail sales data will be released on Tuesday by the Census Bureau, with the Street expecting the reading to show a slowdown in July as the delta variant spread. Economists surveyed by Dow Jones are calling for a 0.3% decline for last month, after June's reading showed a surprise 0.6% jump.
Monday's action came despite disappointing economic data from China. The nation's retail sales were up 8.5% year over year during July, which was short of the 11.5% jump economists polled by Reuters were expecting.
Goldman Sachs noted that the impacts would likely be localized.
Overseas, in Japan, the Nikkei 225 index slumped 0.4%, while in Hong Kong, the Hang Seng index fell 1.7%.
Oil prices faltered 52 cents to $66.77 U.S. a barrel.
Gold prices gained $4.30 to $1,794.10 U.S. a pound.