Futures added to previous gains Tuesday after retail sales fell less than expected in May and producer price index climbed.
Stocks ended narrowly mixed in a choppy session Monday, after another downgrade of Greece's credit rating offset gains from a flurry of M&A activity and as investors continued to worry over a slowing global recovery ahead of a handful of key economic news throughout the week.
US stock index futures signaled a largely flat open for stocks on Monday, after Wall Street ended down for the sixth week on Friday.
Stocks closed near session-lows Friday with the Dow falling below the 12,000-mark to finish lower for the sixth-consecutive week amid further signs of a global economic slowdown.
Stocks pared some of their earlier losses, but were still poised to finish lower for the sixth-consecutive week—the longest losing streak since 2002.
Futures tumbled Friday, pointing to a possible sixth-consecutive losing week, following a dismal trade data from China underscored fears of a weakening global economy.
The foreign exchange market has turned upside down and the dollar no longer has an anchor as investors grapple with the implications of quantitative easing, discussions to raise the debt ceiling and the recent slowdown in US growth, according to David Bloom, the global head of foreign exchange strategy at HSBC.