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markets, click or type LIVE/ in a news window.)

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Futures: Dow up 0.30%, S&P 500 down 0.13%, Nasdaq off

0.23%

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Honeywell gains after rise in Q1 profit

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General Motors ( GM ) pulls forecast on tariff uncertainty

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Consumer confidence, JOLTS data due on the day

(Updates prices, adds comment)

By Lisa Pauline Mattackal and Purvi Agarwal

April 29 (Reuters) - Futures tied to the S&P 500 and the

Nasdaq pointed to a lower open on Tuesday, while Dow futures

ticked higher, as investors assessed a slew of corporate

earnings and awaited economic data for more clarity on the

impact of U.S. tariffs.

Supporting futures linked to the blue-chip Dow, Honeywell

jumped 3.5% in premarket trading after posting a rise in

adjusted profit for the first quarter.

U.S.-listed shares of Spotify Technologies ( SPOT ) dropped

5.1% after the Swedish music-streaming giant forecast

current-quarter operating profit below Wall Street estimates.

Meanwhile, U.S. officials said President Donald Trump's

administration will move to reduce the impact of his automotive

tariffs by alleviating some duties imposed on foreign parts in

domestically manufactured cars, and keeping tariffs on cars made

abroad from piling on top of other ones.

However, shares of automakers Ford and Tesla

edged only slightly higher, while General Motors ( GM ) slipped

0.7% after the automaker pulled its annual forecast due to

tariff uncertainty.

"Suppliers might gain some cost recovery, but ... relief

today doesn't fix the longer-term challenge: U.S. car prices are

heading higher just as economic momentum fades," analysts at

Bernstein said.

Investors are awaiting several data releases this week for

more indications on how new tariffs are impacting the outlook

for businesses and the economy. Consumer confidence and JOLTS

job openings are scheduled for Tuesday, while U.S. first-quarter

GDP and nonfarm payrolls are expected later in the week.

Results from four of the "Magnificent Seven" group of

megacap stocks - Meta Platforms ( META ), Microsoft ( MSFT ),

Apple ( AAPL ) and Amazon.com ( AMZN ) - will be among the most

closely watched as they report through the week.

First-quarter earnings for S&P 500 companies are expected to

rise 10.9% from a year ago, per LSEG data. That is higher than

an early-April estimate for a 7.8% rise, but many companies have

warned of the new tariffs impacting their outlook.

"We're just in this eye of the storm, if you will, for a lot

of investors, consumers, and business leaders wondering what the

future looks like as potential tariffs kick in down the road,"

said Matthew Stucky, chief portfolio manager at Northwestern

Mutual Wealth Management.

At 08:30 a.m. ET, Dow E-minis were up 122 points, or

0.30%, S&P 500 E-minis were down 7 points, or 0.13%, and

Nasdaq 100 E-minis were down 44 points, or 0.23%.

The S&P 500 eked out marginal gains in choppy trading

on Monday, rising for a fifth straight session in its best

winning streak since November as hopes for a de-escalation in

trade tensions between the U.S. and China helped indexes claw

back some losses from earlier this month.

Still, all three major indexes remain down for the year, and

the S&P 500 is on track to fall about 1.5% this month.

Coca-Cola rose 0.7% after beating revenue and profit

estimates. United Parcel Service ( UPS ), a bellwether for the

economy, gained 1.1% after beating first-quarter profit

estimates and announcing it will cut 20,000 jobs.

NXP Semiconductors NV ( NXPI ) fell 6.8% after the company

only slightly beat expectations for revenue, and announced a CEO

transition.