Stock futures were slightly higher Sunday evening with traders eyeing whether technology shares can continue to recover, while they are awaiting the release of key inflation data and earnings from major AI companies this week.

S&P 500 futures gained 0.1%, while the Nasdaq 100 's added 0.3%. Futures tied to the Dow Jones Industrial Average added 101 points, or 0.2%.

Over in Asia, markets were mostly up on Monday, with Taiwanese equities leading the rise. The Taiwan Weighted Index was almost 5% up, powered by a rebound in key stocks TSMC and Hon Hai Precision Industry — also known as Foxconn.

The Nikkei 225 gained 3.25% and the Topix climbed 3.44%, powered by financial and consumer cyclical stocks.

South Korea's benchmark Kospi index rose 1.15%, after initially starting in negative territory, while the small-cap Kosdaq index declined 0.23%.

Tech heavyweights Samsung Electronics and SK Hynix were up 2.49% and 2.03% respectively.

Hong Kong's Hang Seng Index was up 1.03%, while the CSI 300 index on mainland China was 0.3% higher.

Investors in Asia are also assessing October inflation data out from China, with the producer price index hitting its highest in over four years at 5.7%, and consumer inflation coming in slower than expected at 0.7%.

Australia's S&P/ASX 200 fell 0.51%.

Friday's market partially rebounded from Thursday's brutal AI-driven selloff, as chip stocks recovered on renewed buying. The tech-heavy Nasdaq Composite bounced 1.09% to 24,579.42 and the broad-market S&P 500 rose 0.31% to 7,376.86. The blue-chip Dow, however, lost 237.33 points, or 0.46%, to settle at 51,285.73.

Broader investor sentiment remained cautious following a batch of stronger-than-expected jobs data. Additionally, concerns linger after the Democrats' strong midterm results, amid fears that tighter regulations on data center construction, energy use, and development costs could slow the AI infrastructure boom.

The tech sector will also be focused on the bombshell announcement Sunday that Nvidia's board of directors is opening an investigation into co-founder and CEO Jensen Huang's relationship with a businesswoman who U.S. intelligence agencies say is a Chinese spy. A proxy for Nvidia shares was lower by 2% over the last 24 hours in trading on Hyperliquid.

Liz Ann Sonders, Schwab Center for Financial Research chief investment strategist, noted that the Nasdaq and Nasdaq-100 are oversold, with heavy de-risking by traders. Thursday marked the biggest day of retail selling since the Covid pandemic, according to Vanda Research. Retail traders haven't been taking advantage of the selloff, Sonders said.

"Retail has not proven to be the dip buyers that they have been in the past," she told CNBC's "Fast Money" on Friday. "You saw a really heavy amount of net selling … we may not fully be washed out yet, but we'll have to see whether that retail trader at some point decides to step back in."

Sonders suggested that the next short-term focus should be on companies' adjustments to capex plans and expectations for future profit margins.

This week, investors are looking ahead to key AI-related earnings — CoreWeave, Cisco and Applied Materials are all on deck — as they assess the outlook for tech and whether the recent selloff has further to run.

They'll also watch for the releases of both the consumer price index on Tuesday and the producer price index on Friday, looking for clues on the Fed's next move.

On Monday, traders will get September wholesale inventories data at 10 a.m. ET. Take-Two Interactive Software, Occidental Petroleum, KKR, Constellation Energy and Skydance are scheduled to report quarterly earnings.