Stocks in the U.S. may see lackluster performance in early trading this week with major index futures pointing to a flat open; recent record highs were set by Nasdaq and S&P 500 while Dow saw declines. Investors are cautious ahead of key economic data releases including retail sales and industrial production. The New York Fed reported a slower contraction in manufacturing activity for June. Concerns about the sustainability of the equity rally persist despite positive projections. Federal Reserve's recent hawkish stance contrasts with economic weakness indicators. Market remains uncertain about potential rate cuts despite contrasting signals from the Fed.