U.S. stock futures were mostly flat ahead of the open as investors look into weekend retail sales results and the Dubai’s debt situation.
There is just one economic release of note today at the beginning of what will be a busy week of economic numbers, as the Chicago Purchasing Managers index will be released at 9:45 am ET. Economists are looking for a reading of 54.7, which would be below last month’s 55.7, though still above the 50 mark that separates expansion from contraction.
On Tuesday, the ISM Manufacturing Index, pending home sales and motor vehicle sales reports will be released. Mortgage data and several employment reports will be released on Wednesday and Thursday, along with Productivity and Costs and the ISM Non-Manufacturing Index. And on Friday, the government’s closely watched Employment Situation report is scheduled.
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