The market mood appears to be fidgety early on Tuesday as traders eye the week's twin inflation reports and other market-moving economic events. The producer price inflation report due ahead of the market opening could give a decisive direction when stocks open for trading. Traders may also look forward to rate commentary from the speeches by a couple of Federal Reserve officials, including Chairman Jerome Powell.

Home Depot, Inc. (NYSE:HD) kicked off the retail reporting season on a lackluster note, with revenue coming in shy of estimates, while earnings per share were in line. The company also...