U.S. equity futures edged higher in early Tuesday trading, while Treasury yields steadied and the dollar slipped, as investors looked to the first of a series of job market data releases that could test the market's early January rally.

Fed official delivers a blunt message to the stock market — which ignores it. Stocks appear ‘rate sensitive once again’ as bond yields press higher. $119 billion of U.S. government debt to be issued this week,