US Markets

US stock futures slip as rally takes a breather

Futures higher after strong start to 2018
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Futures higher after strong start to 2018

U.S. stock index futures pointed to a slightly negative open on Monday, as the market's latest rally took a breather.

Dow Jones industrial average futures fell 9 points, while S&P 500 and Nasdaq 100 futures declined 4.5 points ant 10.25 points, respectively.

At the end of the first trading week of 2018, U.S. stocks finished Friday on a strong note, with the Dow Jones Industrial Average soaring more than 200 points, with both the Dow and Nasdaq showing their best start of the year in over a decade.

Wall Street outperformed in the previous session, despite the latest nonfarm payrolls data coming in below expectations. In December, the U.S. economy added 148,000 jobs, compared to market estimates of 190,000, according to a Reuters poll.

More data is set to be released Monday with consumer credit due out at 3 p.m. ET.

Investors will be poring over the latest comments by leading Federal Reserve members. On Monday, Atlanta Fed President Raphael Bostic may deliver remarks on the economic outlook and monetary policy when speaking at the Rotary Club of Atlanta.

Both San Francisco Fed President John Williams and Boston Fed President Eric Rosengren will be delivering separate remarks at Brookings Institution in Washington.

Elsewhere, concerns surrounding geopolitical tensions will continue to linger at the back of investors' minds, as tensions between North Korea and the West rumble on.