The moves come after stocks have struggled to sustain their rally in the late summer.
Last week, the S&P 500 and Nasdaq Composite fell 0.31% and 1.90%, respectively. It was the Nasdaq Composite's first two-week losing streak of the year.could be driven by insights into the state of the U.S. consumer, with earnings reports due from Home Depot, Target and Walmart. Retail sales data from July is also due out on Tuesday morning.Futures for the major market indexes opened modestly higher on Sunday evening.
S&P 500 and Nasdaq 100 futures rose about 0.2% each. Dow Jones Industrial Average futures added roughly 0.1%.U.S. Steel announced on Sunday that it isafter the company received unsolicited proposals for deals, including potentially buying the entire company. "U. S. Steel's Board and management team are committed to maximizing value for our stockholders, and to that end, we have commenced a comprehensive and thorough review of strategic alternatives," David B. Burritt, U. S. Steel's President and CEO, said in aThe company said there is no deadline for the review. U.S. Steel's stock is down 9.3% year to date.
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