Updated from 7:42 a.m. ET, Tuesday, Aug. 15. 

Stock futures were higher again on Tuesday, Aug. 15, as North Korea worries retreated for a second day. 

Dow Jones Industrial Average futures were up 0.3%, S&P 500 futures gained 0.25% and Nasdaq futures added 0.3%.

North Korean leader Kim Jong-un has opted to freeze his planned attack on Guam, instead waiting for signs the U.S. is ready to "ease tensions," according to a state news service. The authoritarian nation had threatened U.S. territory Guam last week in retaliation to increasingly aggressive language from President Donald Trump.

In comments throughout last week, Trump promised "fire and fury" should North Korea continue to issue threats. On Friday morning, he tweeted that the U.S. military was "locked and loaded" in case of "unwise" actions by North Korea.

However, markets managed to shake off worries on Monday, Aug. 14, to post their best day in months. The S&P 500 gained 1% and the Nasdaq added 1.3%. It was the S&P 500's best day since a 1.08% increase on April 24 and the third best daily increase of the year.

"As long as the economic expansion continues, the markets are likely to recover from geopolitical related volatility," Jason Pride, director of investment strategy at Glenmede, wrote in a note. "This eight-year bull market has coincided with geopolitical events such as the Arab Spring, fears of a European Union breakup, annexation of Crimea and the Greek Debt Crisis."

Retail sales in July rose at a faster pace than anticipated, reaching a seven-month high in a positive sign that consumers were spending in the first month of the third quarter. Sales increased by 0.6% over July, according to the Census Bureau, higher than an expected rise of 0.4%. Core retail sales rose by 0.5%. 

Manufacturing activity in the New York region reached to a three-year high in August. The Empire State Manufacturing Index increased by 15 points to 25.2, far better than an anticipated unchanged level of 9.8. Any level above zero suggests growth. 

Also on the economic calendar on Tuesday, the housing market index for August, and business inventories for June will be released throughout the morning.

Advance Auto Parts Inc. (AAP) slumped 7% in premarket trading after falling short of earnings estimates over its recent quarter. Adjusted profit of $1.58 a share fell short of an estimated $1.65. Revenue was flat at $2.264 billion, in-line with estimates. Same-store sales were also flat. For the full year, the retailer anticipates same-store sales to fallen between 1% and 3%. 

Home Depot Inc. (HD) was slightly higher on Tuesday after quarterly earnings exceeded estimates and comparable sales grew at a faster pace than anticipated. Profit rose to $2.25 a share from $1.97 a year earlier, coming in 4 cents higher than targeted. Revenue of $28.11 billion topped estimates of $27.83 billion. Comparable sales increased 6.3%, higher than an expected 4.9% gain. 

The DIY retailer increased its earnings-per-share guidance to $7.29 a share for the full year, up from a previous estimate of $7.15. Analysts anticipate $7.24 a share. Current earnings guidance implies 13% growth from a year earlier. 

Dick's Sporting Goods Inc. (DKS) slumped more than 15% in premarket trading after a disappointing quarter. The sporting goods retail chain earned 96 cents a share over its second quarter, a nickel below estimates. Revenue increased 9.6% to $2.16 billion, but fell short of consensus by $10 million. Comparable sales increased by 0.1%, far less than estimated growth of 1.8%. For full-year earnings, Dick's anticipates $2.80 to $3 a share, well below estimates of $3.62. 

Coach Inc. (COH) reported a mixed quarter. Net earnings increased to 53 cents a share from 29 cents in the year-ago quarter. Adjusted earnings of 50 cents a share narrowly exceeded analysts' forecasts by a penny. Sales dipped 1.7% to $1.13 billion and fell short of estimates by $20 million. For the full year, Coach expects revenue of $5.8 billion to $5.9 billion and earnings of $2.35 to $2.40 a share. Analysts anticipate $5.03 billion in sales and $2.40 in earnings per share.  

Dow component General Electric (GE) was slightly lower on Tuesday after billionaire Warren Buffett and his firm Berkshire Hathaway dropped its position in the company. According to a Securities and Exchange Commission filing, Berskhire sold all of its stake in GE, while reducing its position in Costco Wholesale Corp. (COST) , Sirius XM Holdings Inc. (SIRI) , and International Business Machines Inc. (IBM) .

Prior to the end of March, Berkshire held more than 10 million GE shares, worth a total $315.4 million. The position was just a fraction of its $3 billion investment in preferred stock and warrants from October 2008, a time at the height of the financial crisis.

Berkshire also acquired a large stake in Synchrony Financial, the credit-card lender GE spun off in 2014. The $520.7 million position pushed Synchrony shares higher in premarket trading.

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Pandora Media Inc. (P) rose in premarket trading after naming Roger Lynch as its new CEO, president, and member of its board. Lynch will assume the positions as of Sep. 18.

"I cannot imagine a more important and exciting time to join Pandora," said Lynch. "With a massive, diverse and highly engaged audience, a market-leading digital advertising business, a best-in-class product portfolio and an extremely passionate and talented group of people, Pandora is well-positioned to capture an even greater market opportunity."

Lynch, CEO of Sling TV, the online pay-TV service owned by Dish Network Corp. (DISH) , will succeed Tim Westergren as CEO.

In June, Westergren was pushed out of the company that he co-founded. His tenure had been criticized by Greg Maffei, CEO of Liberty Media Corp. (FWONA) , which controls Sirius XM, for spending millions of dollars building an on-demand music service to rival Spotify Ltd., Alphabet Inc.'s (GOOGL) YouTube and Amazon (AMZN) Prime Music, among others.

Naveen Chopra who has been serving as the company's CEO in the interim will maintain his role as CFO.

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