07:15 AM EDT, 06/04/2024 (MT Newswires) -- US equity futures were tracking in the red before the open Tuesday as traders digest recent economic data suggesting widening softness in the world's largest economy.

The S&P 500 futures, the Dow Jones Industrial Average and the Nasdaq were all down 0.5% each in the premarket. Asian exchanges were mixed to lower while European bourses were trending downward.

Shares of GameStop ( GME ) declined 2.8% pre-bell after jumping 21% at the close of Monday's trading session. AMC Entertainment ( AMC ) and Robinhood Markets ( HOOD ) slid nearly 4% and 1.3%, respectively. GitLab's ( GTLB ) stock dropped nearly 3% despite lifting its fiscal 2025 outlook on the back of better-than-expected first-quarter results.

Ferguson (FERG), Bath & Body Works ( BBWI ) , Core & Main ( CNM ) and Donaldson (DCI) report their latest financial results before the bell, among others. CrowdStrike ( CRWD ) , Hewlett Packard Enterprise ( HPE ) and Guidewire Software ( GWRE ) post earnings in the afterhours.

On the economic calendar, the factory orders report for April is out at 10 am ET, along with the jobs openings and labor turnover survey for the same month.

Before the opening bell, bitcoin decreased 0.3% to $68,877, West Texas Intermediate crude slipped 1.8% to $72.89 a barrel, yields on 10-year Treasuries fell 1.6 basis points to 4.38% and gold moved 0.9% down to $2,349 an ounce.