The Cupertino-based company's second-quarter earnings call is scheduled for 5:00 p.m. ET. The personal consumption expenditures index-the Federal Reserve's preferred gauge of inflation-fell 0.2 per cent in March, the first drop in more than a year.
The Dow Jones Industrial Average fell 27.05 points, or 0.13 percent, to close at 20,913.46, the S&P 500 gained 4.13 points, or 0.17 percent, to 2,388.33 and the Nasdaq Composite added 44.00 points, or 0.73 percent, to 6,091.60.
US Treasurys slid, pushing the yield on the 10-year note five basis points higher to 2.327% from 2.282% on Friday.
In Asia, shares traded mostly higher on Tuesday tracking overnight advances in the United States where the Nasdaq hit record intraday and closing highs. USA factory activity slowed in April while consumer spending was unchanged in March and a key inflation measure recorded its first monthly drop since 2001.
Shares in tech firms, such as Apple and Microsoft, traded up more than 1% ahead of announcements on Tuesday.
NASDAQ measures a number of indices reflecting the reaction of USA's high tech markets and business environments on the country's political and economic developments which have an impact on high tech markets. The S&P 500 (.SPX) was down 1.45 points, or 0.06 percent, at 2,386.88 and the Nasdaq Composite (.IXIC) was down 6.52 points, or 0.11 percent, at 6,085.09.
Overall, profits at S&P 500 companies are estimated to have risen 13.6 percent in the first quarter, the most since 2011, according to Thomson Reuters I/B/E/S.
Sammy Watkins entering contract year in 2017
The Buffalo Bills announced Tuesday that they will not exercise the wide receiver's fifth-year contract option for 2018. The foot injury has required two surgeries, one of which he is still recovering from.
"While we're starting the week of on a bit of weak economic news, the markets may turn back to corporate fundamentals as corporate earnings are still coming in strong".
Shares of Caterpillar were up 0.62 percent at $102.89 in premarket reading.
Coach rose 6.2 per cent to US$41.12 after the handbag maker reported a higher-than-expected quarterly profit. Crude output in the United States has hit its highest since August 2015, government data shows. "There's some people that want to go back to the old system, right?"
Stock gains may have been muted by a series of tepid USA economic reports.
Somewhat weak economic data weighed down the indices. US gold futures fell 0.84 percent to $1,257.60 an ounce.
Apple, which reports earnings on Tuesday, rose 2.1 percent, while Facebook, which reports Wednesday, added 1.5 percent.