Nasdaq 100 Futures dropped 0.8% to 24,604.0 points, S&P 500 Futures declined 0.5% to 6,820.0 points, while Dow Jones Futures shed 0.3% to 49,417.0 points

U.S. stock index futures dropped in holiday-thinned trade on Monday evening amid continued caution over technology stocks and the impact of artificial intelligence.

Investors were also cautious before a host of economic readings and central bank commentary due this week.

Trading volumes were largely quashed by a market holiday on Monday, while investors also parsed a mixed reading on consumer inflation from last week.

Nasdaq 100 Futures dropped 0.8% to 24,604.0 points by 03:53 GMT, leading losses among their peers. S&P 500 Futures declined 0.5% to 6,820.0 points, while Dow Jones Futures shed 0.3% to 49,417.0 points.

Focus this week is squarely on a host of key economic indicators, as well as the minutes of the central bank’s January meeting, for more cues on the path of interest rates.

The Fed minutes are due on Wednesday, coming after the central bank left interest rates unchanged in its late-January meeting. Beyond the minutes, several Fed members are also set to speak in the coming days.

Also due on Wednesday is industrial production and durable goods data, while trade data for December is due on Thursday.

PCE price index data is due on Friday, and is likely to provide more definitive cues on interest rates.

Consumer price index inflation data for January showed mild cooling in the headline figure, while core CPI also eased in line with expectations, although slightly.

But the print did not offer any conclusive cues on inflation, with markets largely retaining their bets that interest rates will remain unchanged in the near-term.

The S&P 500 dropped 1.4% last week, while the NASDAQ Composite declined 2.1%. The Dow Jones Industrial Average slipped 1.2%.