"Stock Futures Dip as US Observes Public Holiday, Canada Continues Trading"

Stock futures are lower as Wall Street awaits December retail sales data and bank earnings, with concerns about a potential economic slowdown. Traders are looking for clues about consumer health and data on credit card payments and delinquencies. Despite a hotter-than-expected December consumer inflation report, stocks have seen weekly gains, with tech stocks leading the market higher. NYSE vice chairman John Tuttle predicts a bounce back in IPO activity for 2024 due to greater stability in U.S. interest rates and record-high equity indexes.