"Market Futures Drift Higher Amid Data and Recovery: Live Updates"

US stock futures opened steady after disappointing retail sales raised concerns about consumer resilience and the economy's trajectory. The S&P 500, Dow Jones, and Nasdaq 100 were trading sideways, with investors weighing the impact of the retail sales decline and seeking clarity on the potential for a "soft landing" scenario for the economy. Additionally, Cisco's shares dropped about 4% in premarket trading after the company reported lower demand, uncertain outlook, and worse-than-expected guidance, prompting concerns about market share and the macro environment's impact on the business.