The USA500 is currently trading below 5,400 levels.
On Monday, U.S. stock futures indicated a downward trend as investors awaited significant events later in the week, including a key Federal Reserve interest rate decision and crucial monthly inflation data.
The Dow futures contract declined by 87 points or 0.2%, S&P 500 futures slipped by 6 points or 0.1%, and Nasdaq 100 futures edged down by 43 points or 0.3%.
Wall Street's major averages experienced declines in the previous session amidst volatile trading, largely influenced by a jobs report that surpassed expectations. This heightened concerns that the Federal Reserve might postpone potential rate cuts for a longer duration than anticipated by some investors.
Despite this, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average managed to register weekly gains.
