BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Geopolitical tensions are reflected on investors' decisions. Early signs from the U.S. Futures Index point to a lower opening for Wall Street.
Asian shares finished sharply down, while European shares are trading on a negative bias.
Earnings reports and a slew of Fed speeches are the major highlights on economic front.
As of 8.00 am ET, the Dow futures were down 374.00 points, the S&P 500 futures were declining 39 points and the Nasdaq 100 futures were losing 122.00 points.
U.S. stocks closed broadly lower on Monday. The Nasdaq rose 19.60 points or 0.3 percent to 7,468.63, the Dow slid 126.93 points or 0.5 percent to 25,317.41 and the S&P 500 fell 11.90 points or 0.4 percent to 2,755.88. On the economic front, Redbook data for the week will be issued at 8.55 am ET. The prior week's store sales were up 5.8 percent.
Minneapolis Federal Reserve Bank President Neel Kashkari to give welcoming remarks at the Innovation in Early Childhood Development and K-12 Education Conference in Minneapolis, MN.
Federal Reserve Bank of Richmond's Manufacturing Index for October will be published at 10.00 am ET. The consensus is for 24, down from 29 in the prior month.
Two year treasury Note auction will be held at 1.00 pm ET.
Atlanta Federal Reserve Bank President Raphael Bostic will give speech on 'Economic Outlook and Monetary Policy' to the Committee of 100 at Louisiana State University in Baton Rouge, LA, followed by audience Q&A at 1.30 pm ET.
Dallas Federal Reserve Bank President Robert Kaplan will participate in moderated Q&A session at Texas A&M University at the Galveston Economic Development Partnership 7th Annual Economic Development Summit in Galveston, Texas, followed by audience Q&A at 2.15 pm ET.
Kansas City Federal Reserve Bank President Esther George will participate in a panel on 'Disruption in the Payments Landscape' at the SIBOS 2018 International Conference in Sydney, Australia, followed by audience Q&A at 8.00 pm ET.
In the corporate segment, McDonald's Corp. revealed earnings for the third quarter that dropped from last year. The profit came in at $1.64 billion, or $2.10 per share compared with $1.88 billion, or $2.32 per share last year. Revenue for the quarter fell 6.6 percent to $5.37 billion from $5.75 billion a year ago.
Asian stocks plunged sharply on Tuesday. The Chinese market too ended sharply lower. Shanghai's SSEC tumbled by about 2.26% and Hong Kong's Hang Seng declined by about 3.2 percent.
The Japanese benchmark Nikkei 225 ended lower by about 610 points, or 2.7%, at 22,005.00.
In the Australian market, energy, materials, healthcare, financial and utilities stocks tumbled. The benchmark S&P/ASX 200 index ended down 61.80 points, or 1.05%, at 5,843.10. The broader All Ordinaries index closed down by 61.30 points, or 1.02%, at 5,944.90.
European shares are trading in a negative territory. France's CAC 40 is declining 55.59 points or 1.10 percent. Germany's DAX is falling 199.78 points or 1.73 percent. FTSE 100 of U.K. is slipping 64.06 points or 0.90 percent. Swiss Market Index is down 82.82 points or 0.93 percent.
Eurozone's leading Blue Chip index,Euro Stoxx 50, is declining 0.97 percent.
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