NEW YORK (TheStreet) -- Here are 10 things you should know for Tuesday, Oct. 29:
1.-- U.S. stock futures were trading flat Tuesday as traders proceeded with caution ahead of a rate decision from the Federal Reserve.
European stocks were rising while Asian shares ended Tuesday's session mostly to the downside. Japan's Nikkei 225 index declined 0.5%
2.-- The economic calendar in the U.S. Tuesday includes retail sales for September at 8:30 a.m. EDT, the Producer Price Index for September at 8:30 a.m., the Case-Shiller 20-City Index for August at 9 a.m. and the Conference Board's Consumer Confidence Index for October at 10 a.m.
3.--U.S. stocks on Monday finished little changed as investors await the latest decisions by the policy-making arm of the Fed, which is scheduled to begin two days of meetings Tuesday.
Apple, the iPod and iPhone maker, reported fiscal fourth-quarter net income of $8.26 a share on revenue of $37.5 billion as iPhone sales topped 33.8 million during the period, up from 26.9 million a year earlier. The company also sold 14.1 million iPads and 4.6 million Macs during the quarter.
Gross margin for the quarter was 37%. Apple indicated that its profit margins for the first quarter would be in the same range as the fourth quarter.
Analysts were looking for Apple to earn $7.96 a share on revenue of $36.93 billion.