* Investors are also awaiting key U.S. housing
data that could feed into the Federal Reserve's decision on the
timing of an interest rate increase.
* U.S. housing starts are expected to have risen to an annual
pace of 1.02 million units in April from a 926,000 in March. The
data is expected at 8:30 a.m. ET (1230 GMT).
* The Dow Jones industrial average <.DJI> and S&P 500 ended at
record highs on Monday.
* Dow component Apple's shares rose 0.43 percent to $130.75 in
premarket trading, a day after investor Carl Icahn said the
stock was "still dramatically undervalued".
* Wal-Mart fell 2.21 percent to $78.15 after the company
reported lower-than-expected U.S. same-store sales growth.
* Home Depot shares rose slightly to $114.39 after the company
reported a better-than-expected quarterly profit.
* Urban Outfitters was down 16.5 percent at $34 after it
reported quarterly sales that fell short of market estimates.
* Autodesk and TJX Cos report quarterly results later on
Tuesday.
* JPMorgan fell 0.11 percent to $66.35 ahead of the company's
annual meeting in Detroit.
Futures snapshot at 7:22 a.m. ET (1122 GMT): * S&P 500 e-minis
were up 4.25 points, or 0.2 percent, with 115,550 contracts
traded. * Nasdaq 100 e-minis were up 15.5 points, or 0.34
percent, on volume of 13,974 contracts. * Dow e-minis were up 45
points, or 0.25 percent, with 19,116 contracts changing hands.
(Additional reporting by Tanya Agrawal in Bengaluru; Editing by
Saumyadeb Chakrabarty)
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