S&P 500 Falling From Record High. Futures Slip Following AI Rally.

U.S. stock futures were slipping Tuesday, with investors opting to take some profit following seven straight days of gains for the benchmark S&P 500.

Futures tracking the Dow Jones Industrial Average fell 43 points, or 0.1%. S&P 500 futures and contracts tied to the tech-heavy Nasdaq 100 were also each down 0.1%, after the gauges each notched record closing highs on Monday.

The yield on the 10-year Treasury note ticked up 2 basis points to 4.17%. The U.S. dollar climbed 0.2% against a weighted basket of its peers, and the most actively-traded gold contract was down 0.1%, having topped $4,000 an ounce for the first time ever overnight.