Wall Street Eyes Key Data Amid Earnings Deluge

U.S. Stock Futures Hold Steady as Investors Await Economic Data

U.S. stock futures mostly held around the flatline on Monday, as investors geared up for a week of key economic data releases and a slew of quarterly corporate earnings. The benchmark closed above 5,000 for the first time ever to end the prior trading week thanks in part to a surge in megacap groups like Microsoft and Amazon.com. Artificial intelligence chipmaker Nvidia also jumped to a record high following a Reuters report that it was building a new division that will aim to provide bespoke chips for cloud computing businesses and others.