S+P 500 futures slip after UPS and GM delay guidance

We have seen decent earnings reports from UPS and GM just now and whilst both have beaten forecasts on the top and the bottom line, they have both removed any form of guidance for Q2. That is probably the most sensible course of action, as the outlook remains very uncertain in view of the trade tariff outlook. That said, this is not really what the markets ideally would like to see and it does rather underscore what sent the markets tumbling in the first place- huge uncertainty. So, the S+P 500 futures were higher before these earnings reports and the lack of guidance has helped to send the S+P 500 futures lower. It was priced to reopen close to 5,550, it is now priced to reopen below 5,530