Dow Jones Industrial Average futures fell by 35 points, or 0.1 per cent, while S&P 500 and Nasdaq 100 futures dipped 0.15 per cent and 0.12 per cent, respectively

U.S. stock futures are little changed on Sunday night as investors await more economic data ahead of the Federal Reserve’s December policy meeting.

Dow Jones Industrial Average futures fell by 35 points, or 0.1 per cent. S&P 500 and Nasdaq 100 futures dipped 0.15 per cent and 0.12 per cent, respectively.

On Friday, the major averages closed little changed after rebounding from earlier losses. The Dow Jones Industrial Average added roughly 35 points, or was 0.1 per cent higher. The S&P 500 declined 0.1 per cent, while the Nasdaq Composite dipped 0.2 per cent. The three indexes notched their second straight positive week.

A strong November jobs report released Friday initially weighed on stocks, but traders shook off those concerns in anticipation of smaller rate hikes from the Fed possibly starting with the Dec. 13 to 14 policy meeting. Investors are expecting a week that could be light on catalysts ahead of that meeting.

One of the things we’re concerned about is that even if inflation heads lower from here, the cost of getting from, say, a 4 per cent rate of inflation to 2 per cent becomes increasingly high. It would likely come with some significant shakeout amongst businesses and the labour market, Baird’s Nicholas Bohnsack said in a Friday note.

Ultimately, we think they’ll slow the pace at which they’re raising rates and then take a long time to observe the landscape and the impact that may have, Bohnsack added.

On the economic front, investors are expecting the November ISM services data at 10 a.m. ET on Monday. Economists polled by the Dow Jones are expecting a reading of 53.7.