Stock futures are mixed Monday night as the market looks to maintain momentum in the holiday-shortened week. Futures tied to the Dow Jones Industrial Average indicated a roughly 20-point gain at the open. Meanwhile, S&P 500 futures and Nasdaq 100 futures were slightly lower.
European stock markets closed flat Monday, losing momentum throughout the session after appearing to shake off recent negativity. Investors remained cautious amid concerns over the economic recovery, inflation, and the spread of the Delta variant.
Inflation readings from South Korea, Thailand, and the Philippines are slated for release Tuesday, along with purchasing managers' index (PMI) readings from China. These data points will provide further insights into the global economic recovery and inflationary pressures.