US Stocks Flat Amid Earnings Season, Chipmaker Valuations Weigh

US stock futures took a dip on Monday as investors prepared for the final stretch of earnings reports. The S&P 500 index, which had reached all-time highs just days ago, was trading flat at 9:50 a.m. in New York. This comes after Friday's jobs data showed an unexpected decline in US employment in July, potentially influencing the Federal Reserve's interest-rate increase plans.

The Nasdaq 100 index, heavily weighted with technology stocks, fell by 0.1%. Chipmakers are set to release their earnings this week, and investors are eager for confirmation on chip valuations after a long debate.