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S&P futures fight for direction, as Alphabet sets downbeat tone

McDonald's earnings report will be watched for the effect of menu changes on sales.

U.S. stock futures on Tuesday held steady, pointing to little change at the open, as investors waited for a raft of earnings reports from household names, with McDonald’s among those coming before the bell.

Google parent Alphabet Inc. looked set for a down day after releasing its own financial results late Monday, in which it said a $2.7 billion fine from European regulators dragged on profit.

S&P 500 futures ESU7, +0.07% edged up by 0.85 point, or less than 0.1%, to 2,469.25, while Dow Jones Industrial Average futures YMU7, +0.06% inched higher by 3 points to 21,502.00. Nasdaq-100 futures NQU7, -0.02%...