Futures Slip on Fed Angst; Tesla Slides After Record Run

Futures Slip on Fed Angst; Tesla Slides After Record Run
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Oct. 19, 2021. Brendan McDermid/Reuters
Reuters
Updated:

U.S. stock index futures slipped on Tuesday, pointing to a slight easing from record highs for Wall Street indexes as investors took to caution ahead of the Federal Reserve’s widely expected move to start tapering its monthly bond purchases.

Major Wall Street lenders Bank of America Corp., Wells Fargo & Co., Goldman Sachs, Citigroup, and Morgan Stanley slipped between 0.4 percent and 0.6 percent in premarket trading.