US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

Monthly data for the consumer price index showed that prices rose 0.2% in April, which is what analysts on Wall Street had forecasted. That puts CPI at 2.3% year-over-year and core CPI at 2.8%. Bullish stock-index futures traders appeared pleased with the data.

Stock futures were mixed Tuesday after kicking off the week with massive gains fueled by a de-escalation in the trade spat between the U.S. and China.

Stock futures were little changed in overnight trading following a big rally, as investors look ahead to a key inflation report Tuesday morning. Futures on the Dow Jones Industrial Average inched up 24 points. S&P 500 futures and Nasdaq 100 futures were both flat.

Stocks are soaring Monday as investors cheer weekend talks that saw China and the U.S. agree to slash tariffs on each other for at least 90 days. Data indicate that institutions were already lagging behind the stock-market bounce that had seen the S&P 500 take back much of its post-April 2 selloff,

U.S. stock futures point lower after yesterday's market rally, President Donald Trump begins a four-day Middle East tour that is expected to result in several business deals, and UnitedHealth shares sink after the company's CEO steps down.

Amazon‘s (Nasdaq: AMZN) stock price is poised to soar when markets open on Monday. Futures trading on Amazon shares points to an open that’s up about 8.2%, as of 8:10 a.m. ET. The big news in the markets today is the announcement of a trade deal between the United States and China.

Stock futures indicated a higher start for the open, with Dow Industrials up nearly 0.5%, S&P stock futures up 1.0% and Nasdaq futures gaining 1.4%, while most European markets were closed.

Fed-funds futures on Tuesday morning showed traders anticipate the Federal Reserve may keep its benchmark interest rate steady at its next two policy meetings and then potentially reduce it in September.