"Wall Street Futures Rise as Retail Sector Prepares for Big Week"

Wall Street slips in early trading as investors await reports on U.S. retail sales, with hopes that strong consumer spending can prevent a recession. The S&P 500 is down 0.2%, while the Dow and Nasdaq are also slightly lower. U.S. Steel surges 25% after rejecting a buyout offer and receiving multiple unsolicited offers. The upcoming data on retail sales and earnings reports from major retailers like Home Depot, Target, TJX Cos., and Walmart will provide insight into the health of the U.S. retail sector. Inflation remains a concern for the economy, with the Federal Reserve closely monitoring data to determine future rate hikes.