U.S. stock futures indicated a weaker start Tuesday, with the market expected to tread water ahead of the Federal Reserve’s interest-rate decision.and disappointing results from Visa.

Visa Inc. reported late Monday that first-quarter profit rose 28%, but its shares plunged in electronic trading amid concern that the credit card processor will have a difficult time managing choppy U.S. economic conditions.

Here at home, Rogers Communications Inc. today reported that first quarter net income jumped to $344 million, or 54¢ a share, from $170 million, or 26¢ in the year-earlier period. Revenue advanced 14% to $2.6 billion. The company has also doubled its dividend.

Rogers also announced that it has reached an agreement to bring Apple’s iPhone to Canada.

Petro-Canada reported a first-quarter profit of $1.1 billion, up from $590 million a year ago.

Nexen Inc. said first quarter earnings jumped 421% to $630 million on strong production and high commodity prices, leading the company to double its quarterly dividend to 5¢ a share.

In today’s economic news, Statistics Canada reported little change in both the volume and value of manufacturing sales in 2007. Soaring industrial product prices and robust demand for resource-based goods offset declines in some of Canada’s key durable goods industries, StatsCan said.

The Canadian dollar opened at US98.71¢, down 0.04 of a cent from Monday’s close.

South of the border, the S&P/Case-Shiller home price index for February is due for release at 9:00 ET, followed by a gauge of consumer confidence at 10:00 ET.

Oil prices fell as a supply disruption in Britain began to resolve itself and as the U.S. dollar strengthened further against the euro. Light, sweet crude for June delivery fell 79¢ to US$117.96 a barrel in electronic trading on the New York Mercantile Exchange.

In international banking news, Deutsche Bank AG reported its first quarterly net loss in five years, reflecting additional asset writedowns, lower revenue and a trading loss in a deteriorating market.

Overseas, Japan’s Nikkei stock average was closed for a national holiday. The Hang Seng index in Hong Kong rose 0.97 at 25,914.15.

Britain’s FTSE 100 rose 0.14% to 6,099.20, Germany’s DAX index fell 0.56% to 6,886.25, and France’s CAC-40 fell 0.27% to 4,999.03.

Toronto stocks gave up earlier gains Monday to close slightly lower, weighed down by profit-taking in the materials group.

The S&P/TSX composite index fell 18.02 points, or 0.13%, to 14,085.85.

The junior S&P/TSX Venture composite index shed 6.03 points, or 0.24%, to 2,483.17.

In New York, the Dow Jones industrial average shed 20.11 points, or 0.16%, to 12,871.75. The S&P 500 slipped 1.47 points, or 0.11%, to 1,396.37.

The tech-heavy Nasdaq Composite Index gained 1.47 points, or 0.06%, to 2,424.40.