US pre-open: Futures in the red as Q1 earnings continue to roll in

Wall Street futures were in the red ahead of the bell on Tuesday as market participants waded through a sea of corporate earnings before the bell.

As of 1215 BST, Dow Jones futures were down 0.10%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.14% and 0.19% weaker, respectively.

The Dow closed 39.54 points lower on Thursday ahead of the Easter long weekend.

In the corporate space, Johnson & Johnson posted some mixed quarterly earnings prior to the open, with earnings per share topping expectations despite revenues falling short. The pharma giant also downgraded earnings guidance for 2022.

Toymaker Hasbro reported weaker-than-expected quarterly profits, even as revenues came in bang in line with estimates.

Lockheed Martin and Halliburton will both report prior to the opening bell, while Spirit Airlines and Netflix will release their latest quarterly earnings reports after the close.

On the macro front, March building permits and housing starts data will be published at 1330 BST.