New York, NY – Stock futures in the United States experienced a slight decline on Tuesday night in anticipation of the release of a crucial retail sales report and more earnings from the first quarter. The Dow Jones Industrial Average futures dropped 159 points, while the S&P 500 futures and Nasdaq 100 futures also decreased by 0.4% and 0.7% and 1.1%, respectively.

In extended trading, Nvidia’s shares fell over 6% after announcing a $5.5 billion quarterly charge related to exporting its H20 graphics processing units to China and other nations. This came after a relatively quiet regular session on Tuesday, where the three major averages closed in the red following two consecutive winning sessions. The Dow dropped nearly 156 points, the S&P 500 slipped 0.2%, and the Nasdaq Composite closed marginally lower.

The market has been experiencing fluctuations since the announcement of “reciprocal” tariffs by the Trump administration on April 2. The Dow and Nasdaq have each fallen about 4.4%, while the S&P 500 dropped 4.8%. Despite the recent calmness in the market, Allianz’s chief economic advisor Mohamed El-Erian warned investors not to grow complacent, as volatility may lie ahead due to unresolved trade tensions.

Investors are eagerly awaiting the release of March’s retail sales report on Wednesday morning, with economists projecting a 1.2% increase from the previous month. Consumer concerns about inflation and the economy make this data release particularly significant. Additionally, attention will be on industrial and manufacturing production figures.

Wednesday will also see a wave of earnings reports from companies like Travelers, U.S. Bancorp, Abbott Labs, ASML, and Citizens Financial. As the latest earnings season progresses, investors will be closely monitoring the performance of these companies as a gauge of overall market health and economic stability.