Futures for U.S. markets were mostly flat late Monday as traders continue to tread water in the middle of earnings season over confusion about the direction of President Trump's presidency.
The S&P 500 slid 0.01% while Nasdaq gained the same amount and the Dow Jones Industrial Average gained 0.02% at 9:01 p.m. EST.
Investors had hoped Trump would quickly act to reform taxes and regulations but now fear that task may be delayed as the administration focuses on reshaping Obamacare -- a job Trump admitted this weekend would take until next year. House Speaker Paul Ryan said any tax moves would have to wait until healthcare was resolved.
The worries over Trump's actions have stalled ascending markets that once bet on a more prosperous future. The S&P on Monday closed 0.21% lower, Nasdaq 0.06% and the Dow down 0.09%. In Europe, Germany's Dax ended 1.22% lower, the FTSE in London down 0.22% and the CAC in Paris off 0.98%.
Asia wasn't feeling any better as it kicked off the trading day Tuesday. Japan's Nikkei pared 0.62%, the Hang Seng in Hong Kong 0.14%, the ASX in Australia 0.41% and the Kospi in South Korea 0.17% at 9:07 p.m. EST.
In oil, a future for a barrel of industry standard Brent crude sold for $55.95, a 0.41% increase, at 8:56 p.m. EST while its West Texas counterpart went for $53.20, a gain of 0.36%. The futures would be delivered in April and March, respectively.
The dollar has crept back up to the 100 mark on the dollar index, which weighs the currency against a raft of its rivals, adding 0.1% to 100 at 9 p.m. EST. It spent most of last week below that threshold.
Despite earnings season, after-hours trade was relatively quiet. Shares of FMC (FMC - Get Report) tumbled 4.38% in extended hours trading to $58.01 after the chemical company said fourth quarter revenue slipped 4% over the same period a year earlier to $866 million.
The decline pushed it to a per-share loss in the three final months of 2016 of $1.53 versus profit of 12 cents a year earlier.