US stock futures edged higher Sunday evening as thin trading volumes persisted ahead of the Monday holiday. Investors await upcoming economic data for fresh signals on interest rate policy, following last week's market losses. Dow Jones futures gained 0.2%, with technology stocks under pressure amid concerns about AI disruptions affecting multiple sectors.

Wall Street showed muted reaction to January's consumer inflation data that came in slightly below consensus. The modest CPI print offered limited support as optimism over potential rate cuts was offset by persistent AI-related concerns across software, transportation, and financial services. The S&P 500 lost 1.5% last week while the Nasdaq fell 2.1%.

This week's economic calendar includes critical readings that could shape rate expectations. PCE inflation data for January is due Wednesday, followed by Federal Reserve minutes from its January meeting. Investors will analyze these reports alongside purchasing managers' index data to gauge the economy's direction and adjust their rate outlook accordingly.

The market's cautious approach reflects uncertainty about how quickly the Federal Reserve might adjust policy. With economic indicators mixed and AI disruption concerns persisting, investors remain focused on finding clarity from this week's data releases to inform their positioning ahead of potential market-moving developments.