US stock futures (ES=F, NQ=F, YM=F) are flat Tuesday morning coming off the Dow Jones Industrial Average (^DJI) and S&P 500's (^GSPC) record highs. Top earnings this morning include major banks Bank of America (BAC), Goldman Sachs (GS), and Citigroup (C), as well as health giants Johnson & Johnson (JNJ), UnitedHealth Group (UNH), and Walgreens Boots Alliance (WBA).

Semiconductor titan Nvidia (NVDA) saw its stock run up to a record high in Monday's session, now dipping in pre-market on Bloomberg reports that the Biden administration could cap AI chip sales to select countries.

Lastly, crude oil prices (CL=F, BZ=F) slump lower on news that Israel will not target Iran's production operations as geopolitical conflicts escalate, according to the Washington Post.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.