LONDON: U.S. stocks were heading for losses for the first time in three sessions on Tuesday, with stock futures pointing lower ahead of trade numbers and service-sector data.
It also looks like another busy day for corporate news, with Kellogg K, +0.38% Sprint S, -1.34% and Office Depot ODP, +0.64% slated to report earnings ahead of the bell.
Futures for the Dow Jones Industrial Average YMM5, -0.06% fell 12 points, or 0.1%, to 17,983, while those for the S&P 500 index ESM5, -0.12% dropped 2.55 points, or 0.1%, to 2,106.75. Futures for the Nasdaq 100 index NQM5, -0.17% lost 8 points, or 0.2%, to 4,468.50.
The moves follow two days of gains for the major indexes, with the S&P 500 SPX, +0.29% on Monday ending just a few points shy of its record close set on April 24.
Investors are already looking ahead to the top-tier nonfarm-payrolls report on Friday, but have some data to zoom in on Tuesday. At 8:30 a.m. Eastern Time, the trade deficit for March is due, forecast to show a rise to $43.5 billion, from $35.4 billion in February.
