NEW YORK (AP) — U.S. stock futures are heading lower in early Tuesday trading, a day after major indexes reached new highs.
KEEPING SCORE: Thirty minutes before the market opens, Dow Jones industrial average futures are down 30 points to 16,693. Standard & Poor's 500 index futures are off four points to 1,918 while Nasdaq 100 futures are down 10 points to 3,718.
On Monday, both the Dow Jones industrial average and Standard & Poor's 500 index set record highs for the second straight trading day. The records followed reports that manufacturing in the world's two largest economies expanded last month.
HOUSING MARKET: Data provider CoreLogic said that housing prices rose 10.5 percent in April from 12 months earlier. That's slightly lower than increases the previous two months.
NOT A TREAT: Krispy Kreme slumped after the doughnut chain cut its forecast for earnings this year, citing higher costs and fewer sales than previously estimated. The company's stock fell $1.93, or 10 percent, to $17.07 in premarket trading.
EUROPE: Germany's DAX was down 0.4 percent, while France's CAC 40 shed 0.3 percent. Britain's FTSE 100 sank 0.6 percent.
BONDS AND COMMODS: In the market for U.S. government bonds, the yield on the 10-year Treasury is 2.55 percent, up from 2.53 percent late Monday. The price of oil slipped 8 cents to $102.39 a barrel.
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