U.S. stock futures were down slightly ahead of the opening bell.
U.S. retail sales rose 0.5% in December, which was better than expected but not an impressive jump. Retail sales were led by an improvement in auto sales.
Producer prices for December came in lower than expected, falling 0.2%. And the index measuring manufacturing activity in New York State came in negative for the six straight month in January, the New York Federal Reserve Bank reported.
The next scheduled economic report will come from the Census Bureau at 10 a.m. ET, when it will release data on business inventories for November.
Homebuilder Lennar ( reported earnings that beat expectations, although shares fell 1% in premarket trading. )Goldman Sachs (Fortune 500) and , JPMorgan Chase (Fortune 500) will report results Wednesday, while , Intel (Fortune 500), , Bank of America (Fortune 500) and , General Electric (Fortune 500)are due later in the week. ,
Overall, S&P 500 companies are expected to report earnings growth of 2.4% for the last three months of 2012, according to FactSet Research. Excluding the financial sector, however, growth for these firms is expected to be just 0.2%.
Shares of Facebook ( were up 1% in anticipation of its mystery announcement, scheduled to take place at 1 p.m. ET at the company's headquarters in Menlo Park, Calif. )
U.S. stocks finished mostly flat Monday.
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|30 yr fixed||3.67%||3.62%|
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