Dow futures steady ahead of crucial inflation report

Investing.com – US stock futures hovered near the flatline on Monday night in anticipation of a significant inflation report scheduled for release on Tuesday.

By 6:30 am ET (11:30 pm GMT) , and were trading within a range of 0.1%.

In extended deals, Xp Inc (NASDAQ:) added 0.3% after the company EPS of $1.96 versus $2.01 expected on revenues of $4.13 billion versus $3.84 billion expected

Azenta Inc (NASDAQ:) added 4.6% after the company EPS of $0.13 versus $0.02 expected on revenues of $172.36 million versus $163.91 million expected.

Fisker Inc (NYSE:) shed 14.1%, losses of $0.27 per share versus expected losses of $0.22 per share, while revenues were reported at $71.8 million versus $143.1 million expected.

Ahead in Tuesday’s trade, market participants are expecting the annualized US data to come in at 3.3% versus 3.7% in the previous month. Traders will also be monitoring data released in the morning and comments from several Federal Reserve officials throughout the day. Additionally, the earnings report from Home Depot Inc (NYSE:) will be a notable focus for traders.

Monday saw a varied start to the week, with the and both closing with slight decreases of about 0.1% and 0.2%, respectively. In contrast, the posted a moderate gain of nearly 0.2%.

On the bond markets, rates were at 4.645%.