US Stock Futures Mixed as Dow Jones Slips Amidst Strong Manufacturing Activity

US stock futures were mixed on Monday, with the Dow Jones index slipping and the Nasdaq 100 and S&P 500 futures rising. The decline in the Dow Jones was attributed to Friday's lower close.

The Empire State Manufacturing Survey reported a significant increase in New York State manufacturing activity in August, with the general business conditions index reaching its highest reading in over four years. However, underlying pressure persisted as input costs rose and supply availability worsened.

Wall Street is set to gauge consumer health this week through retail earnings reports from Home Depot, Target, TJX Companies, Walmart, and others. Meanwhile, inflation numbers have pulled September Fed rate hike expectations down, with investors waiting for Wednesday's FOMC minutes.