Stock futures were under pressure Tuesday, with regional bank shares retreating, as investors readied for key inflation reports due later in the week.
Futures for the Dow Jones Industrials tailed off 114 points, or 0.3%, at 33,571.
Futures for the S&P 500 dropped 14 points, or 0.3%, to 4,138.75.
Futures for the NASDAQ Composite dumped 63.25 points, or 0.5%, to 13,289.50.
PacWest shares fell more than 8% in the premarket after a volatile session in which the regional bank rose more than 3%.
Lucid, PayPal and Skyworks were all down after their quarterly reports were released. Meanwhile, Palantir jumped 20% on a strong earnings report and upbeat guidance.
Fox Corp. and Nikola are among companies set to report quarterly earnings before the bell, followed by Airbnb and Rivian after the market closes. Earnings season is beginning to wind down with more than 85% of the stocks in the S&P 500 done reporting.
In Japan, the Nikkei 225 recovered 1%, while in Hong Kong, the Hang Seng declined 2.1%.
Oil prices let go of 65 cents to $72.51 U.S. a barrel.
Gold prices added $5.50 to $2,038.70 U.S. an ounce.