Wall Street is priming for a positive start on Tuesday, as the market resiliently holds onto optimism regarding receiving benign inflation data, which will likely seal the fate of a rate cut. The producer price inflation data due ahead of the market opening is likely to show further easing in pricing pressure at the wholesale level, potentially serving as a harbinger of tame consumer price inflation data. Home Depot, Inc.’s (NYSE:HD) weak guidance is likely to weigh down on the retail space as most of these companies are lined up to release their earnings over the next couple of weeks. Volatility is in check, as evidenced by the CBOE Volatility Index, aka VIX, which traded below the 22 level. The yen was weaker against the dollar, potentially keeping at bay fears concerning additional unwinding of carry trades. Futures Performance (+/-) Nasdaq 100 +0.10% S&P 500 +0.04% Dow -0.22% R2K -0.42% In premarket trading on Monday, the SPDR S&P 500 ETF Trust (NYSE:SPY) edged up 0.07% to $533.65, and the Invesco QQQ ETF (NASDAQ:QQQ) rose 0.19% to $452.22, according to Benzinga Pro data. Cues From Last Session: U.S. stocks ended Monday’s session on a mixed note as trading was characterized by listlessness following the strong gains recorded in the latter-half of last week. Traders also chose to exercise restraint ahead of key retail earnings and the twin inflation report. Nvidia Corp. (NASDAQ:NVDA) rallied amid positive commentary by sell-side analysts, providing a lift to semiconductor stocks. Among the ...