U.S. equity futures nudged lower in early Tuesday trading as investors hit pause on one of the strongest rallies of the year heading into a key inflation reading prior to the opening bell. Stocks ended firmly higher on Monday,

Stock market futures in the U.S. surged on Monday as the U.S. and China agreed to temporarily de-escalate their trade war.

U.S. futures surged after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war