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NEW YORK (CNNMoney) -- U.S. stock futures were little changed on Tuesday, as investors await a raft of corporate earnings and the latest inflation data.
Results are due in the morning from Goldman Sachs (GS, Fortune 500), Coca-Cola (KO, Fortune 500) and Johnson & Johnson (JNJ, Fortune 500). Intel (INTC, Fortune 500) and IBM (IBM, Fortune 500) will report after the bell.
Analysts surveyed by Thomson Reuters expect Goldman Sachs to report earnings of $2.12 a share on $7.3 billion in revenue. Coca-Cola is expected to post earnings of 50 cents a share on $12.4 billion in revenue, while Johnson & Johnson is tipped to report earnings of $1.21 a share on $16.98 billion in revenue.
Overall, companies in the S&P 500 are expected to report third-quarter earnings down 1% from last year, according to S&P Capital IQ.
Fear & Greed Index
Also on tap for Tuesday morning, investors will receive reports on inflation, industrial production and foreign purchases of Treasuries.
The September edition of the Consumer Price Index, the government's key metric for inflation, is due at 8:30 a.m. ET from the Bureau of Labor Statistics, and is expected to have risen by 0.5%, according to a survey of analysts by Briefing.com.
Data on foreign purchases of Treasuries for August is due at 9 a.m. ET, followed by reports on industrial production and capacity utilization for September from the Federal Reserve.
U.S. stocks moved higher Monday, as investors welcomed a sharp rise in retail sales and better-than-expected quarterly earnings from Citigroup (C, Fortune 500).
Related: Betting on Brazil
World Markets: European stocks were higher in morning trading. Britain's FTSE 100 rose 0.5%, the DAX in Germany added 0.5% and France's CAC 40 edged up 0.4%.
Asian markets ended mostly higher. The Shanghai Composite finished flat, the Hang Seng in Hong Kong ticked up 0.3%, and Japan's Nikkei jumped 1.4%.
Currencies and commodities: The dollar slipped against the euro and the British pound, but rose versus the Japanese yen.
Oil for November delivery fell 19 cents to $91.66 a barrel.
Gold futures for December delivery rose $2 to $1,739.60 an ounce.
Bonds: The price on the benchmark 10-year U.S. Treasury was unchanged, with the yield holding at 1.66% from late Monday.
First Published: October 16, 2012: 6:03 AM ET
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