Stocks slipped in Tuesday’s premarket, but indexes stayed near record highs as the deluge of corporate earnings reports continues, according to the Associated Press. Futures for the S&P 500 fell 0.1% before the bell, while futures for the Dow Jones Industrial Average and Nasdaq dropped 0.2%.
Homebuilders D.R. Horton, PulteGroup and Lennar rose 7%, 1.7% and 2.1%, respectively.
General Motors shed 3.6% after reporting declines in profit and revenue from the previous quarter.
Coca-Cola Co. shares were essentially unchanged after it beat Wall Street profit expectations but fell just short on revenue projections.
U.S. benchmark crude oil was down 61 cents to $65.34 per barrel, while Brent crude, the international standard, lost 65 cents to $68.56 per barrel.
