U.S. stock futures were little changed on Tuesday morning after the major averages staged a big reversal to start the month.
Futures for the Dow Jones Industrials backpedaled 32 points, or 0.1%, to 32,948.
Futures for the S&P 500 fell 2.25 points, or 0.1%, to 4,148.75.
Futures for the NASDAQ Composite Index skidded 3.25 points to 13,069.75.
A number of consumer-oriented companies are still reporting earnings this week. Shares of Avis Budget jumped more than 6% during extended trading after the car company surpassed earnings expectations on the top and bottom lines.
Shares of Clorox were under pressure after the home products company cut its full year gross margin outlook, citing inflation. DuPont's stock fell more than 2% after its quarterly report showed operating margin shrinking year over year.
Chegg's stock price tumbled nearly 30% during extended trade after the textbook company issued weak guidance for the full year despite exceeding earnings expectations.
Elsewhere, shares of Restaurant Brands and Pfizer were little changed in premarket trading after beating expectations on the top and bottom lines Tuesday morning.
Airbnb, AMD, Lyft and Starbucks are expected to report earnings after the bell Tuesday.
Traders will also watch for the latest reading of the Job Openings and Labor Turnover (JOLTS) data that is expected at 10 a.m. ET
Markets in Japan were shuttered for holiday, while in Hong Kong, the Hang Seng index inched up 0.1%.
Oil prices faded 70 cents to $104.47 U.S. a barrel.
Gold prices edged up a dime to $1,863.70 U.S.