India, Aug. 11 -- The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction after turning in a strong performance last week.
A lack of major U.S. economic data may keep traders on the sidelines ahead of the release of several closely watched reports in the coming days.
The Labor Department's report on consumer price inflation in the month of July is likely to be in focus on Tuesday, as the data could impact the outlook for interest rates.
Economists currently expect consumer prices to rise by 0.2 percent in July after climbing by 0.3 percent in June, while the annual rate of growth is expected to inch up to 2.8 percent from 2.7 percent.
Core consumer prices, whic...