Stock futures indicated a mostly cautious, but tepidly higher, start for Wall Street on Monday, with a speech from Federal Reserve Vice Chair Stanley Fischer likely to draw attention as investors search for direction in a holiday-shortened week of trading.
Away from stocks, oil prices rose on hopes of an agreement to cut production this month, while the dollar appeared to step back from its run higher.
The Dow Jones Industrial Average futures was 10 points, or less than 0.1%, higher at 18,863, while S&P 500 index futures rose 3.95 points, or 0.2%, at 2,184.75. Nasdaq-100 added 12.25 points, or 0.2%, to 4,820.75.
Possibly setting the tone, U.S. stocks finished lower on Friday, though major indexes extended gains for a second week. The S&P 500 , the Dow industrials and the Nasdaq Composite all closed the session 0.2% lower.
Since Election Day and the surprise presidential election win for Donald Trump, the Dow has climbed 2.9%, the S&P 500 has gained 2%, and the Nasdaq has risen 2.5%.
"It is becoming clear that market participants have digested the Trump reality with most waiting for further news relating to Trump's economic team which could provide additional clarity on how he plans to lead the U.S. economy," said Lukman Otunuga, FXTM research analyst in a note.
A pause for reflection could come in a week where volume traditionally thins out as traders head out for the Thanksgiving Day holiday. Markets will shut Thursday and then close early on Black Friday, the traditional kickoff to holiday shopping.