The United States (US) stock futures market remained steady on Monday as cautious investors awaited key inflation data this week to guide the Federal Reserve's (Fed) monetary policy review.
Last week, the major average indices were under heavy selling pressure due to concerns of a global economic recession and the Yen carry-trade situation.
Wall Street later recovered most of its losses as analysts suggested that the global sell-off was an overreaction, with the Dow losing just 0.6%, while the S&P 500 and Nasdaq Composite shed 0.04% and 0.18% respectively.
Investors now await US producer inflation data on Tuesday and consumer inflation figures on Wednesday for confirmation that price growth continues to stabilize.
US retail sales data will also follow on Thursday.
On the corporate front, earnings reports are expected from retail giants Home Depot on Tuesday and Walmart on Thursday.
