US equity futures were mostly lower ahead of Tuesday's opening bell as investors digested quarterly earnings from home improvement retailer Home Depot (HD).

Dow Jones Industrial Average futures flatlined, S&P 500 futures slipped 0.2%, and Nasdaq futures were down 0.4%.

Home Depot reported lower fiscal Q1 adjusted earnings and higher sales. The company affirmed its fiscal 2025 guidance.

Major equity indices closed mixed on Monday after Moody's lowered the US's long-term issuer and senior unsecured ratings to Aa1 from Aaa on Friday.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.4% at $65.28 per barrel and US West Texas Intermediate crude down 0.4% at $61.91 per barrel.

There are no major economic data due for release.

In other world markets, Japan's Nikkei closed 0.08% higher, Hong Kong's Hang Seng added 1.5%, and China's Shanghai Composite advanced 0.4%. Meanwhile, the UK's FTSE 100 rose 0.7%, and Germany's DAX index increased 0.5% in Europe's early afternoon session.

In equities, Home Depot shares rose 2.1%, and Pony AI (PONY) stock was up 5.3% after the company reported improved Q1 financial results.

On the losing side, UBS Group (UBS) shares fell 3.6% after Bloomberg reported that the bank may face $25 billion in additional capital requirements in Switzerland.