US stock futures edged higher on Monday as investors set their sights on inflation data later this week to provide a reality check on the chances of a jumbo interest-rate cut in September. Wall Street is already looking ahead to key inflation reports later this week: the producer price index (PPI) on Wednesday and the consumer price index (CPI) on Thursday.

US stock futures edged higher today as Dow, S&P 500 and Nasdaq pointed to a green start for the week. Traders are betting on a September Fed rate cut after a weaker-than-expected jobs report, while gold hovered near $3,