Futures pause after rally, JPMorgan results draw cheer

Futures pause after rally, JPMorgan results draw cheer

(Reuters) - U.S. stock index futures were flat to slightly lower on Tuesday, as investors took a breather following a record rally, even as JPMorgan's quarterly results set a positive tone for big bank earnings.. Analysts expect profits at S&P 500 companies to drop 0.7% for the second consecutive quarter, according to Refinitiv IBES data, largely due to weakness in earnings for energy and industrial companies that have been hit by a prolonged trade war.. China has pledged to buy nearly an additional $80 billion of manufactured goods from the United States over the next two years, plus over $50 billion more in energy supplies, Reuters reported, citing a source briefed on the trade deal expected to be signed on Wednesday.. S&P 500 e-minis EScv1 were down 2.75 points, or 0.08% and Nasdaq 100 e-minis NQcv1 were down 13 points, or 0.14%..