India, Feb. 11 -- Fed Chairman Jerome Powell's testimony before the Senate Banking Committee might be the highlight on Tuesday. Inflation uncertainties and new tariffs to be announced by President Trump are keenly observed by investors.
Early trends from the U.S. Futures Index suggest that Wall Street might open lower.
Gold gained in the Asian trading session, while the dollar was firm. Oil extended sharp overnight gains, as oversupply concerns were eased due to production lower than OPEC's projections.
Asian shares finished mixed, while European shares are trading broadly up.
As of 7.40 am ET, the Dow futures were down 86.00 points, the S&P 500 futures were declining 16.75 points and the Nasdaq 100 futures were tumbling 98.25 points.
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