NEW YORK (CNNMoney)
U.S. stock futures were broadly flat, while world markets were mixed despite encouraging manufacturing data from China and Europe.
After an underwhelming Black Friday, investors will be watching Cyber Monday shopping figures for further clues as to the health of the U.S. consumer. The National Retail Federation reported that shoppers spent an average of 4% less over the holiday weekend, the first decline in spending since 2009.
Related: Bulls look for new market highs
The Census Bureau will release data on construction spending at 10:00 a.m. ET Monday, while the Institute for Supply Management will release its monthly manufacturing index.
The latest jobs report is due Friday and that could give investors a better sense of how much longer the Federal Reserve will maintain its massive stimulus program at current levels.
In corporate news, doughnut maker Krispy Kreme (KKD) is scheduled to report quarterly results after the closing bell.
Related: Fear & Greed Index
U.S. stocks finished flat Friday on a trading day that was shortened for the holiday weekend. The Dow and S&P are near record highs after a storming run this year.
European markets were narrowly weaker in morning trading, despite surveys showing manufacturing activity at its highest level since June 2011.
Asian markets ended mixed after manufacturing data out of China exceeded analyst expectations and state regulators signaled they would soon lift a moratorium on IPOs. The Hang Seng gained 1%, while the Shanghai Composite closed down 0.5% as investors eyed the opportunity to move cash into new listings.
The Nikkei was flat as markets shrugged off the latest confrontation between Beijing and Tokyo over a set of contested islands in the East China Sea.
First Published: December 2, 2013: 5:38 AM ET
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