(For a Reuters live blog on U.S., UK and European stock

markets, click or type LIVE/ in a news window.)

*

Futures: Dow flat, S&P flat, Nasdaq off 0.09%

March 13 (Reuters) - U.S. stock index futures were

subdued on Wednesday as investors awaited a slew of economic

data this week, including producer prices and retail sales

numbers, for clues on the Federal Reserve's rate-cut path.

The benchmark S&P 500 climbed to a fresh record high on

Tuesday as Oracle shares surged and slightly hot

consumer price data failed to dampen investors' hopes of

interest-rate cuts in the coming months.

Traders now see a 66% chance of the first rate cut coming in

June, the CME FedWatch Tool showed. Since March 2022, the Fed

has raised its policy rate by 525 basis points to the current

5.25% to 5.50% range.

"While the February CPI data was noisy across segments, we

believe the U.S. economy continues to be in good shape and is

heading for a soft landing," said Mark Haefele, chief investment

officer at UBS Global Wealth Management, in a note.

On tap later this week is economic data including the

February producer prices figures on Thursday, which could offer

more insight into inflation in the world's largest economy.

At 05:00 a.m. ET, Dow e-minis and S&P 500 e-minis

remained unchanged, while Nasdaq 100 e-minis

were down 16.25 points, or 0.09%.

Some market participants believe the relentless U.S. stock

market rally is poised for a breather, even if it remains

unclear whether equities are in a bubble or a strong bull run.

Most megacap growth and technology stocks edged down in

premarket trading.

AI giant Nvidia ( NVDA ) inched 0.8% up, following its 7.1%

jump in the previous session.

Intel ( INTC ) shed 1.3% after a report that the Pentagon

had pulled out of a plan to spend as much as $2.5 billion on a

chip grant to the company.

GE HealthCare Technologies ( GEHC ) was down 3.6% as General

Electric ( GE ) is to cut its stake in the medical equipment

firm.