Futures for the Dow Jones Industrials tumbled 142 points, or 0.4%, to 37,790.
Futures for the S&P 500 sank 17.75 points, or 0.4%, at 4,783.50.
Futures for the NASDAQ dropped 89.25 points, or 0.5%, to 16,714.50.
Shares of Juniper Networks popped more than 23% in premarket trading Tuesday after a report said HPE could announce a deal to acquire the networking hardware company for about $13 billion as soon as this week. Unity Software’s stock price gained 2.4% after the company said it would lay off roughly 25% of its workforce, and Netflix shares declined about 2% on a Citi downgrade.
Later this week, investors will parse through a pair of key inflation readings to gain clarity into the path forward for rate cuts from the Federal Reserve. The December consumer price index is set for release Thursday, followed by the producer price index on Friday.
In Japan, the Nikkei 225 gained 1.2%, while in Hong Kong, the Hang Seng Index lost 0.2%.
Oil prices gained $2.03 to $72.80 U.S. a barrel.
Gold prices took on $7.90 to $2,041.40 U.S. an ounce.