US pre-open: Futures little changed as traders await more earnings
Wall Street futures were little changed ahead of the bell on Monday as traders awaited more earnings reports scheduled for later in the week.
As of 1220 GMT, Dow Jones futures were down 0.03%, while S&P 500 and Nasdaq-100 futures were 0.03% and 0.12% higher, respectively.
The Dow closed 21.42 points lower on Friday after market participants digested January's nonfarm payrolls report.
While Monday looked set to be relatively quiet in terms of market-moving headlines, investors will be looking ahead to the Labor Department's January consumer price index data set to be published on Thursday. Economists expect the report to reveal that inflation rose at a 7.2% clip year-on-year, which, if accurate, would mark the fastest gain in 40 years.
The yield on the benchmark 10-year Treasury note was broadly flat ahead of the bell on Monday after shooting higher following last week's unexpectedly strong nonfarm payrolls report and was most recently yielding around 1.92%.
In the corporate space, Loews reported that revenues declined in its last quarter, while Hasbro posted strong quarterly growth in revenues, operating profits and earnings.
Still to come, Take-Two Interactive will report its latest set of quarterly earnings after the close.
On the macro front, December consumer credit change figures will be published at 2000 GMT.