US stocks couldn't hold opening gains amid ongoing inflation and economic worries. Nvidia earnings and inflation data are due later this week.

Market watchers have differing opinions about the effects of tariffs and other parts of Trump’s agenda, which could prove inflationary but might also have the potential to slow growth. Stocks continued to slide on Tuesday as markets digest new data about declining consumer sentiment and investors debate the potential impacts of President Donald Trump’s economic agenda.

U.S. equity futures moved higher in early Monday trading, helped by a pullback in the dollar and steady Treasury bond yields, as investors looked to claw back some of last week's sharp declines heading into a key week for tech stocks on Wall Street.