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

Stock futures fell in early Tuesday following a big rally, as investors look ahead to a key inflation report Tuesday morning. Futures on the Dow Jones Industrial Average inched down 108 points, or 0.25%. S&P 500 futures and Nasdaq 100 futures fell 0.4% and 0.46%, respectively.

Trump makes a momentous political comeback, breaking through the "blue wall" to win 312 electoral votes. Trump becomes only the second US president in history to be elected to non-consecutive terms, following Grover Cleveland (the 22nd and 24th US president).

US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,

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.

Investors head into a busy week for economic data watching if leadership in the U.S. stock market could be moving away from defensive equity areas that indicates greater appetite for risk.

Markets are poised for a strong start following the understanding between India and Pakistan, while trade talks between the US and China add to the momentum

Stocks traded mixed and the dollar dipped on Tuesday as the rally from the previous day faded despite cool US inflation data easing concerns about the economy.