US stock futures muted following rally in prior session

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US stock futures muted following rally in prior session
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US stock futures muted following rally in prior session

Investing.com -- US stock futures mostly hovered around the flatline on Tuesday, as investors eyed an upcoming inflation report and potential Federal Reserve interest rate cuts.

Shares in Apple inched lower in premarket US trading on Tuesday after the tech giant revealed the latest artificial intelligence-enhanced iterations of its flagship iPhone and the European Union's top court ruled against the company in a years-long legal battle regarding its taxes in Ireland. Elsewhere, the European Court of Justice ruled that Apple must repay 13 billion euros in back taxes, overturning an earlier decision that had found in favor of the company.

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