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Here are five things you must know for Tuesday, June 26:   

1. -- Stocks Mixed Amid Pause in Trade Spat

U.S. stock futures turned mostly lower on Tuesday, June 26, and global stocks steadied as investors remained wary of the rising trade rhetoric emanating from Washington and the impact it may have on broader economic growth.

Donald Trump's recent focus on trade and tariffs, and his administration's plans to curb inward investment in the tech sector in order to combat intellectual property theft, sent markets reeling Monday, June 25. But because officials in China remained silent overnight, investors were convinced enough test the waters after Monday's selloff, which clipped 328 points from the Dow Jones Industrial Average I:DJI  .

Contracts tied to the Dow fell 31 points, futures for the S&P 500 undefined  were down 3.75 points and Nasdaq I:IXIC futures rose 4 points.

A floor trader on the New York Stock Exchange told TheStreet he was worried about the rise in utilities stocks. Watch below. 

2. -- GE to Spin Off Healthcare Business

General Electric Co. (GE) - Get General Electric Company Report  confirmed it plans to spin off its healthcare business and unload its ownership in oil-services company Baker Hughes (BHGE) - Get Baker Hughes, a GE Company Class A Report .

The Wall Street Journal first reported the news could be announced Tuesday.

GE said the plans, which follow its ongoing strategic review, will mark a shift in focus toward its power, aviation and renewable-energy businesses and create "a simpler, stronger, leading high-tech industrial company."

The company said it would maintain its dividend until the healthcare unit is separated, but will "adjust" it after that to put it "in line with industrial peers." The announcements came as the former equity market bellwether faces its first day of trading outside of the Dow after having been booted from the benchmark last week by S&P Dow Jones Indices in favor of the Walgreens Boots Alliance Inc. (WBA) - Get Walgreens Boots Alliance Inc Report .

GE shares were rising 5.5% in premarket trading.

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3. -- Trump Blasts Harley-Davidson

Donald Trump said he was "surprised" that motorcycle maker Harley-Davidson Inc. (HOG) - Get Harley-Davidson, Inc. Report  announced it would move some if its production overseas to avoid tariffs imposed by the European Union in response to the president's trade moves.

The company, based in Republican House Speaker Paul Ryan's home state of Wisconsin, was one of the first to acknowledge that Trump's trade battles were going to cause harm to U.S. businesses that Trump has vowed to protect. Trump slammed Harley on Twitter.

4. -- Oil Prices Are Mixed

Global oil markets were rising Tuesday, with investors still picking through the pieces of last week's OPEC meeting in Vienna where members pledged to adjust output to meet the collective 1.2 million barrel production cuts agreed to in December 2016.

Brent crude, the global benchmark, rose 1.2% to $75.47 a barrel, while West Texas Intermediate crude rose 0.48% to $68.41 a barrel.

5. --  Lennar Highlights Earnings Calendar

The U.S. economic calendar on Tuesday includes the S&P Corelogic Case-Shiller Home Price Index for April at 9 a.m. ET, and Consumer Confidence for June at 10 a.m.

Lennar Corp. (LEN) - Get Lennar Corporation Class A Report  rose 9.1% in premarket trading after it posted earnings of 94 cents a share in its fiscal second quarter. Excluding certain items, the homebuilder said earnings would have been $1.58 a share, which beat analysts' estimates.

Revenue in the quarter was $5.46 billion, which also topped Wall Street forecasts.

Earnings are also expected Tuesday from FactSet Research Systems Inc. (FDS) - Get FactSet Research Systems Inc. Report and Sonic Corp. (SONC) .

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