U.S. stock index futures fell on Tuesday, amid earnings from big-name retailers like Best Buy (BBY) and Dick’s Sporting Goods (DKS).
The slight pullback comes a day after the Nasdaq Composite (^IXIC) closed above 5,000 for the first time since March 2000, with the Dow (Dow Jones Global Indexes: .DJI) and the S&P 500 (^GSPC) also hitting record highs.
Vehicle sales data for February will also be published, with expectations of a seasonally adjusted annual rate of 16.7 million versus 16.6 million in January.
Read More Traders look to auto sales to drive stocks higher
“Recording all-time and multi-year highs have become a norm for the global equity markets and the reason behind this is simple-easing actions taken by the central banks around the globe,” said Naeem Aslam, chief market analyst at AvaTrade, in a research note on Tuesday.
“Central banks are leaving no stones unturned to boost the liquidity level in their markets and this in return is making the stock market to roar.”
Best Buy (BBY) earned an adjusted $ 1.48 per share for its latest quarter, beating estimates by 13 cents, though revenue was slightly below forecasts. Best Buy also declared a special dividend of 51 cents per share, and increased its regular quarterly dividend by 21 percent to 23 cents per share.
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Dick’s Sporting Goods (DKS) earned an adjusted $ 1.30 per share for its latest quarter, 8 cents above estimates, with revenue also above forecasts. Dick’s said it expected to earn $ 3.10 to $ 3.20 per share for 2015, compared to analyst estimates Of $ 3.19.
AutoZone (AZO) reported quarterly profit of $ 6.51 per share, 13 cents above estimates, with revenue also above consensus. Domestic same-store sales were up 3.6 percent from a year earlier.
Also reporting are JD.com (JD),Insys Therapeutics (INSY), Smith & Wesson (SWHC) and TiVo (TIVO).
Investors will also eye oil prices on Tuesday, after a sharp drop on Monday. Brent crude (Intercontinental Exchange Europe: @LCO.1) posted its biggest drop in a month on Monday, but recovered on Tuesday to trade around $ 60.96. U.S. crude (New York Mercantile Exchange: @CL.1) traded higher near $ 50.30.
The big data point for the week will be Friday’s nonfarm payrolls report.
Overseas, tension between Moscow and the West is mounting following the death of Boris Nemtsov, a prominent critic of Russian President Vladimir Putin.
Read More Nasdaq 5,000: Bubble or not?
U.S. President Barack Obama said on Monday that Nemtsov’s murder was a sign of a worsening climate for civil rights and media freedom in the country and Putin has been accused of involvement in the murder.
In Europe, conflicting reports surfaced of a possible third bailout for Greece .
–CNBC’s Peter Schacknow contributed to this report.
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