07:07 AM EDT, 04/02/2024 (MT Newswires) -- US equity futures were pointing lower before Tuesday's opening bell as investors await fresh catalysts to trigger market direction.

Standard & Poor's 500 futures and the Nasdaq declined 0.3% each in premarket trading, while the Dow Jones Industrial Average was off 0.4%. The majority of Asian and European exchanges were trending higher.

PVH (PVH) shares tumbled 22% pre-bell after the owner of brands like Tommy Hilfiger and Calvin Klein projected top-line weakness this year. Stocks of health insurers including UnitedHealth Group (UNH), Humana (HUM) and CVS Health (CVS) were all down after US regulators didn't boost payments for private Medicare plans as the industry expected, according to media reports.

Paychex (PAYX) reports its latest financial results before the bell, among others. Cal-Maine Foods (CALM) and Dave & Buster's Entertainment (PLAY) post earnings in the afterhours.

On the economic calendar, the factory orders report and the jobs openings and labor turnover survey, both for February, are out at 10 am ET. Federal Reserve Governor Michelle Bowman is scheduled to speak at 10:10 am.

Federal Reserve Bank of New York President John Williams is set to speak at 12 pm, while Cleveland Fed President Loretta Mester speaks at 12:05 pm. San Francisco Fed President Mary Daly is slated to speak at 1:30 pm.

Before the open, bitcoin slipped 5.3% to $65,748, West Texas Intermediate crude rose 1.9% to $85.31 a barrel, yields on 10-year Treasuries gained 2 basis points to 4.35% and gold increased 1.2% to $2,284 an ounce.