US futures edge lower

New York - US stock index futures edged lower on Tuesday, suggesting a second day of weakness as investors continued to hold off from making big bets going into the start of corporate earnings season.

The US bourse is set to open higher as European leaders get ready to meet. Credit: REUTERS

The aluminum maker is seen posting profit growth of more than 50 percent, according to Thomson Reuters data, along with a 3.6 percent decline in revenue.

Many analysts are especially looking for an acceleration in revenue growth.

Revenue is seen up 3 percent.

Wells Fargo & Co is among the few S&P 500 companies slated to report later this week, but next week will see dozens of bellwether names report, including numerous Dow components.

Dow Jones industrial average e-mini futures fell 20 points and Nasdaq 100 e-mini futures lost 3.5 points.

Still, the market's uptrend is viewed as intact, and the Dow held above the psychologically important 17,000 level.