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NEW YORK (CNNMoney) -- U.S. stock futures were higher on Monday, as investors digest an inflation report out of China and await U.S. economic data and earnings.
A report early Monday showed that inflation in China slowed in September. Chinese consumers paid 1.9% more for goods in September than they did a year ago, the government's National Bureau of Statistics reported. That's down from a 2% increase in August.
Asian markets ended mixed. The Shanghai Composite slipped 0.3%, the Hang Seng in Hong Kong was flat, and Japan's Nikkei ticked up 0.5%.
Meanwhile, European stocks moved higher in morning trading. Britain's FTSE 100 edged up 0.6%, the DAX in Germany added 0.9% and France's CAC 40 rose 1%.
Fear & Greed Index
In the United States, third-quarter earnings season heats up this week. Investors begin the week awaiting reports on retail sales, manufacturing data, and quarterly results from Citigroup (C, Fortune 500).
Retail sales data for September is due from the Census Bureau at 8:30 a.m. ET. Sales are expected to have increased 0.7%, according to a survey of analysts by Briefing.com.
The Federal Reserve Bank of New York will also release its monthly Empire State Manufacturing Index Monday morning, and the Census Bureau will release data on business inventories.
Citigroup is expected to post earnings of 96 cents a share on $18.7 billion in revenue, according to a survey of analysts by Briefing.com.
U.S. stocks took a beating last week, capping a down week with modest declines Friday, as investors turned cautious ahead of an onslaught of corporate results and economic data. For the week, the Dow lost more than 2% -- the biggest weekly decline since June 1. The S&P 500 and Nasdaq suffered similar declines.
Companies: Sprint Nextel (S, Fortune 500) said early Monday that it reached an agreement to sell a 70% stake to Japan's SoftBank for $20.1 billion. Shares of Sprint jumped nearly 10% in premarket trading.
Media conglomerate Gannett (GCI, Fortune 500) and financial firm Charles Schwab (SCHW, Fortune 500) are also scheduled to report quarterly results Monday. Results are due later in the week from firms including Goldman Sachs (GS, Fortune 500), IBM (IBM, Fortune 500) and Intel (INTC, Fortune 500).
Currencies and commodities: The dollar slipped against the euro, but rose versus the British pound and Japanese yen.
Oil for November delivery fell 34 cents to $91.52 a barrel.
Gold futures for December delivery dropped $11.60 to $1,748.10 an ounce.
Bonds: The price on the benchmark 10-year U.S. Treasury fell, pushing the yield up to 1.68% from 1.66% late Friday. 
First Published: October 15, 2012: 6:14 AM ET
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