U.S. stock futures were steady Sunday night after the Dow Jones Industrial Average closed last week with its worst weekly performance since October.
Investors are looking forward to inflation data due later this week.
Dow Jones Industrial Average futures were up 19 points, or 0.05%. S&P 500 and Nasdaq 100 futures were down 0.04% and 0.11%, respectively.
Wall Street ended last week in the red, with the Dow Jones Industrial Average down 0.93%, its worst performance since October. The S&P 500 fell 0.26%, while the Nasdaq Composite dropped 1.17%.
Investors took profits on some market leaders as sky-high valuations have left many stocks worried about a pullback after this year's rally.
February jobs data on Friday also gave investors mixed signals about when the Federal Reserve is expected to cut interest rates.
While the U.S. economy added more jobs than economists had expected, higher unemployment and lower-than-expected wage growth were encouraging signs that the central bank may begin to ease monetary policy.
Investors will be looking for more signs of progress on inflation this week. February consumer and producer price indexes — due Tuesday and Thursday, respectively — come after a surprise January report that dashed hopes that the path to the Fed’s 2% target would be smooth.
Traders will also get their latest major economic reports before Federal Reserve leaders meet for their policy meeting in March.
