U.S. stock futures hovered near the flat line Tuesday evening as traders looked ahead to the minutes of the Federal Reserve's latest policy meeting for more insight into the possibility of an interest rate cut.
Futures linked to the Dow Jones Industrial Average added 15 points. S&P 500 futures and Nasdaq 100 futures were flat.
Stocks are coming off a losing session, with the S&P 500 and Nasdaq Composite falling to snap their longest winning streak since late 2023.
The broad-based S&P 500 fell 0.2%, while the technology-heavy Nasdaq fell 0.33%. The Dow Jones Industrial Average fell 0.15%.
Tuesday's moves come on the heels of a tough period for stocks after a weak U.S. jobs report and the Bank of Japan's interest rate hikes sparked a global sell-off on Aug. 5. That day, the CBOE Volatility Index rose.
Overall, stocks rose to their highest level since the pandemic-era market downturn in 2020. Stocks have rebounded since the market turmoil, as strong retail sales and a weaker-than-expected inflation report helped ease recession fears last week.
