Stock futures held near the flat line Monday night after both the S&P 500 and Nasdaq Composite retreated from all-time highs.

Futures linked to the broad market index
fell 0.07%, while Nasdaq 100 futures
fell 0.07%. Dow Jones Industrial Average Futures
lost 26 points, or 0.06%.

In extended operations, Oracle
Shares fell more than 7%. The database software company posted fiscal second-quarter results that missed Wall Street estimates.

During the regular session the main averages fell. The S&P 500
and the Nasdaq Composite
fell about 0.6%, falling from recent records such as Nvidia
stocks fell. A regulator in China said it was investigating the chip giant for possible violations of the country’s antitrust law. Technological giants Metaplatforms
, Amazon
and netflix
It also ended the session lower.

“We’ve heard that tech trading has been on and off for five years, but there hasn’t been a better place to be,” said Nancy Tengler, CEO of Laffer Tengler Investments. “Yes, the market is expanding and that is good, but without technology, the market and the economy struggle.”

As for the economic report, the National Federation of Independent Business’ small business survey will be released Tuesday morning.

The biggest event this week is the U.S. consumer price index report, which is due out on Wednesday and could influence how the Federal Reserve will proceed on interest rates at its Dec. 17-18 meeting. . Economists surveyed by Dow Jones forecast headline inflation rose 0.3% in November and 2.7% over the prior 12 months.

Several prominent companies will also report results on Tuesday, including GameStop.
and Dave & Buster Entertainment