US futures are pointing higher on Tuesday as attention turns to inflation data later.
In focus in pre-market deals is Qualcomm Inc (NASDAQ:QCOM), whose shares are down 4.79% to US$59.80, after the President of the US, Donald Trump blocked a planned takeover of the chipmaker by Singapore-based rival Broadcom on grounds of national security.
Broadcom shares added 0.44% to US$264 each in the extended session.
Meanwhile, Dicks Sporting Goods Inc (NYSE:DKS) dropped almost 7% after the bell at US$30.30 as the fourth quarter numbers failed to impress.
Earnings for the holiday period slightly beat analyts' expectations, but revenue comes in short.
Revenue was US$2.66bn, below analysts' expectations for US$2.74bn in sales.
Elsewhere, shares in DSW Inc (NYSE:DSW) shed 1.79% to US$19.25 after the footwear retailer missed fiscal fourth-quarter expectations on revenue and provided a downbeat outlook, offsetting a profit beat and a raised dividend.
Commercial Vehicle Group Inc (NASDAQ:CVGI) saw shares shed 16.82% to US$9.25 as it posted downbeat results for the fourth quarter.