US stock futures ticked higher on Monday as investors awaited two key inflation reports this week that could steer the near-term path for interest rates after last week’s disappointing jobs data. The producer price index is due Wednesday, followed by the consumer price index on Thursday. On Friday, the major averages opened sharply higher to fresh record levels before turning negative as weaker-than-expected August jobs data raised concerns about a slowing economy. The Dow fell 0.48% on Friday, while the Dow S&P 500 and Nasdaq Composite lost 0.32% and 0.03%, respectively. Markets have nearly fully priced in a 25 basis point rate from the Federal Reserve later this month, with some positioning for a larger half-point move depending on this week’s inflation outcomes.