Stock Market Trends

U.S. stock index futures rose slightly in evening deals on Sunday, steadying after a stronger-than-expected producer inflation reading spurred some losses in the prior session, with focus now turning to a swathe of major earnings this week. Trading volumes were limited ahead of a holiday on Monday. All three indicators remained within sight of record highs hit earlier in February. U.S. stock indexes fell from near record highs on Friday after inflation data read hotter than expected for January, ramping up fears that sticky inflation will give the Federal Reserve more impetus to keep interest rates higher for longer this year. The closed lower on Friday, while the and the lost respectively. The reading came just a few days after a strong reading, which had pulled U.S. stocks sharply off record highs.