Source: Sharecast
As of 1255 BST, Dow Jones futures were down 0.16%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.13% and 0.21% lower, respectively.
The Dow closed 250.40 points higher on Friday as major indices registered solid gains after a sharp slowdown in the labour market eased concerns about a near-term interest rate hike, while oil prices fell after the G7 said it would release fuel reserves.
As for Monday, traders were getting set return to the floor after a week that was dominated by surging bond yields and a softer‑than‑expected jobs report that briefly eased fears of another near‑term rate hike.
However, the 10‑year Treasury has still climbed to its highest level in more than two decades, stoking concern that higher borrowing costs could continue to weigh on equities even if the Fed opts to keep policy steady. The yield on the benchmark 10-year Treasury note was nearly two basis points lower at 5.264% early on Monday, while the 30-year note was almost one basis point higher at 5.623%.
This week's primary focus will likely be minutes from the Federal Reserve Open Markets Committee's latest two-day meeting, due out on Wednesday, with investors set to thumb over the release for any hint as to what the central bank may be thinking with regards to the near-term future of monetary policy.
On Monday's macro slate, S&P Global's September composite and services PMIs will be released at 1445 BST, while last month's ISM services PMI will follow at 1500 BST.
No major corporate earnings were slated for release on Monday.
Reporting by Iain Gilbert at Sharecast.com