U.S. stock futures edged lower on Tuesday as investors grew cautious as a Federal Reserve interest-rate decision neared and after a disappointing outlook from one of the world's larger microchip makers, Texas Instruments.

Dow Jones futures were recently down 8 points, S&P 500 futures slipped 1.7 points and Nasdaq futures fell 4 points.

On Monday, a store revamp plan by Wal-Mart Stores led to a rally in U.S. stock markets, with the Dow Jones Industrial Average closing 122.8 points higher to yet another record close, and the Nasdaq Composite and S&P 500 also ending higher.

Tuesday's economic calendar is light, with the release of the Richmond Fed's manufacturing index. The Federal Open Market Committee starts its interest-rate setting meeting but won't announce results of the meeting until Wednesday.

The dollar edged higher on the euro and the yen.

Crude-oil futures slipped 34 cents to $58.47 a barrel.

Tuesday's earnings list includes tobacco giant Altria, chemicals producer DuPont and defense contractors Northrop Grumman and Lockheed Martin.

Texas Instruments shares weakened 1.4 percent in Germany after reporting slower-than-forecast 13 percent sales growth and warning that fourth-quarter semiconductor growth will be below the seasonal average.

Shares of STMicroelectronics, a TI peer that puts its own quarterly statement out after Tuesday's close, dropped 1.9 percent in Paris.

Outside the U.S., there was an influx of news in the commodity sector.

Oil giant BP reported a 4 percent profit decline, oil and aluminum producer Norsk Hydro reported a 15 percent profit rise and metals giant BHP Billiton unveiled a 19 percent decline in copper output.

Another metals producer, Anglo American, slipped after naming Alcan's Cynthia Carroll as its next chief executive.

Cambrex agreed to sell its bioproducts and biopharma units to Swiss pharmaceutical ingredient maker Lonza for $460 million in cash. Cambrex will use the estimated $450 million in proceeds to repay outstanding debt and, along with an additional $125 million to $150 million from new lines of credit, pay a special dividend between $13.50 and $14.50 a share.

The Nikkei 225 ended 0.1 percent lower in Tokyo on weakness from mobile operators on Softbank's decision to cut prices, while Shanghai-listed stocks rallied 2.6 percent.

In Europe, the FTSE 100 rose 0.1 percent in London while the French CAC 40 slipped 0.2 percent in Paris.