Wall Street is on track to open with losses Tuesday as the initial euphoria over the 90-day truce in the U.S.-China trade war faded and markets turned their attention to corporate earnings and new

The weekend deal adds to the sense that President Donald Trump may be backing off some of the more stringent trade tariffs.

Futures for Canada's main stock index dipped on Tuesday, mirroring Wall Street peers, after a sharp rally in the previous session fueled by a U.S.-China trade truce, while investors looked forward to key U.

On its own, the deal struck Monday between the U.S. and China to de-escalate the trade war is undeniably a positive development. As part of the deal, the U.S. will temporarily lower tariffs on Chinese imports from 145 percent to 30 percent (which will be applied on top of other tariffs imposed by the first Trump administration).