U.S. stock index futures pointed to a higher open on Tuesday, as investors turned their focus to the start of the third-quarter earnings season later this week and key inflation data for clues on the Federal Reserve's rate path.

Key Takeaways Wall Street analysts are less optimistic about third-quarter S&P 500 earnings than they were this summer. The Q3 bottom-up earnings per share estimate for the benchmark index fell 3.9% between June 30 and Sept.

As of 9:35 am Eastern time, the S&P 500 was 0.4% higher, the Dow Jones was up less than 0.1%, and the Nasdaq Composite was 0.6% higher

Wall Street's main indexes opened higher on Tuesday, regaining some ground after a selloff in the previous session as investors turned their focus to the start of the third-quarter earnings season and key inflation data later this week.

U.S. stock index futures bounced back on Tuesday from a selloff in the previous session, as investors turned their focus on key inflation data and third-quarter earnings later this week for fresh insights into the Federal Reserve's interest rate path.

All three major indexes closed down around 1% on Monday, as a jump in Treasury yields, concerns about the impact of rising conflict in the Middle East and a repricing of U.S. rate expectation pressured equities.

Market participants observe a downward shift in Wall Street’s major market averages on Monday. Learn more information here.