Stock index futures are mixed, with S&P 500 futures down -0.06% and Nasdaq 100 futures up +0.07%. Bond yields are up, impacting futures. Wall Street saw gains yesterday, with Dow hitting a new high. Energy and chip stocks surged, while Versant Media Group plummeted. U.S. ISM manufacturing index fell unexpectedly to 47.9 in December.

Investors are eyeing U.S. economic data for clues on monetary policy. Minneapolis Fed President mentioned interest rates may be near a neutral level. Rate futures show a high probability of no rate change at the Fed’s January meeting. S&P Global Composite PMI and Services PMI data are set to be released.

Euro Stoxx 50 Index drops -0.44% after hitting a record high. Technology stocks retreat, while healthcare and energy stocks rise. Eurozone economy grew slower in December. Preliminary data shows France’s inflation cooled. Adidas AG falls over -6% after a downgrade. France and Eurozone PMI data released.

Asian markets close higher, with China’s Shanghai Composite and Japan’s Nikkei 225 both up. China’s Shanghai Composite hits a decade high. Non-ferrous metal, insurance, and technology stocks rise. Japan’s Nikkei 225 hits a record high. Bank and brokerage stocks gain. Japan’s monetary base falls for the first time in 18 years.

Pre-market U.S. movers include Microchip Technology up +4%, Vistra Corp. up +4%, Zeta Global up +11%, D.R. Horton down -1%, and AT&T down -1%. Earnings spotlight on AAR and AngioDynamics today. Market participants await U.S. economic data and Fed meeting outcomes for further direction.

Read more at Yahoo Finance: Stock Index Futures Muted as Rally Stalls, U.S. Economic Data Awaited