After a lacklustre finish, Wall Street is seen opening lower on Tuesday as markets mull a deluge of earnings.
In the background is also President Trump's latest legislative disappointment, as Senators Mike Lee of Utah and Jerry Moran of Kansas vowed to vote against the latest draft of his now infamous health care bill.
The new bill is aimed at replacing Obamacare, and was a key component of Trump's campaign last year.
In pre-market trade, shares in motorcycle giant Harley-Davidson Inc (NYSE:HOG) dropped almost 9% to $52 as its second quarter numbers sent shares into reverse. Later shares dropped 7.23% to $48.24.
READ - Harley-Davidson slams into reverse after the motorcycle maker’s second-quarter earnings overshadowed by lowered full-year guidance
Its earnings beat estimated but revenue fell short of expectations, and the iconic group also lowered its full-year shipment and profit margin guidance.
On the other side of the coin, Johnson & Johnson (NYSE:JNJ) shares added 0.72% to $132.15 in pre-market and then gained 1.84% in the day as it beat EPS (earnings per share) estimates by 3 cents a share.
The pharma drug manufacturing giant also issued a full-year forecast that was above consensus estimates, following successful launch of a number of new products.
Big bank earnings time is also here now in the US, and Goldman Sachs Group Inc (NYSE:GS) shares shed 1.42% to $229.26 each after it beat Wall Street estimates in the three months.
The bank posted earnings per share (EPS) of $3.95, which was ahead of the $3.43 per share, which was expected by analysts.
Net revenue came in at $7.89bn, beating the $7.5bn of consensus expectation. In the regular trading session, Goldman shares fell 2.34% to $223.70.
The financial crisis as viewed from @goldmansachs in one chart: pic.twitter.com/DMLtNJU6KH
— William Wright (@Williamw1) 18 July 2017