US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

U.S. stock index futures were down on Tuesday, pulling back after a sharp rally fueled by a U.S.-China trade truce, as investors turned their focus to a key U.S. inflation reading that could shape the outlook for monetary policy.

U.S. stock futures point to a lower open as investors await a key inflation report, due before the market opens.

US stock futures surged even higher on Monday after the US and China said they have agreed to slash most tariffs for 90 days while further trade talks take place. Stocks were already making gains over after the US said it had made "substantial progress" in weekend trade talks with China,

U.S. stock futures soar after U.S. and Chinese officials announce a 90-day lowering of tariffs, tech stocks surge on the trade deal, and pharmaceutical stocks sink as President Donald Trump says he'll slash prescription drug costs.

U.S. futures surged after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war

Gift Nifty was trading around 24,915 level, a discount of nearly 128 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.

Asia stock markets traded higher on Monday following substantial progress in U.S.-China trade talks on Sunday. Traders awaited further details from the negotiations, which were expected to be announced on Monday.