U.S. stock-index futures pointed to a flat-to-lower open on Monday, following a third month of gains for equities, with a bumper week of data ahead, culminating in Friday's non-farm payrolls.
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The big release on Monday will be the ISM (Institute for Supply Management) manufacturing survey for November at 10 a.m. ET, with construction spending for October and November also due.
Analysts polled by Reuters see the ISM coming in at 55.0, narrowly down on October's 56.4.
"We look for a modest decline in the November manufacturing ISM later today, although it would still be consistent with a solid pace of activity growth in Q4," said Barclays analysts Nick Verdi and Laurent Fransolet in a morning research note.
Outside of the data flow, the day's "Cyber Monday" sales — when post-Thanksgiving internet sales typically spike — will provide an early clue as to the strength of the U.S. holiday shopping season.
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Monday will be a quiet day however for earnings, with no major companies due to report ahead of the Wall Street open. Stocks in BP may be worth a watch though, after the Financial Times reported that the oil giant expects a surge in compensation payments for the 2010 Deepwater Horizon disaster, after a near-two month slowdown.
French and Spanish indexes were lower in early trade after euro zone PMI (Purchasing Managers' Index) data showed that business activity fell in France and Spain in November. Overall though, manufacturing in the euro zone accelerated at its fastest pace in two-and-a-half years during the month, helped by a ramp-up in production.
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PMI data from HSBC showed that manufacturing activity in China remained steady on November. However, the Shanghai Composite closed lower, weighed by news of a year-long freeze to stock market listings in China. Experts said the move could may trigger of a glut of shares into the market and drain liquidity from existing ones.
—By CNBC's Katy Barnato