The markets were looking calm ahead of the opening bell Monday, as investors take a breather after two weeks of losses.
U.S. stock futures were flat, and trading could be quiet with no major corporate or economic reports on the agenda. Investors remained sidelined as talk that the Federal Reserve could begin tapering its bond buying program pushes bond yields higher.
Quarterly results are due later in the week from companies including J.C. Penney (, ) Target ( and ) Hewlett-Packard (. )
U.S. stocks finished slightly lower Friday.
However, it's worth noting that the major indexes are still up by 15% to 20% for the year.
European markets were mixed in midday trading.