U.S. inventory futures are pointing to a flattish begin because the broader market is perched at a file excessive, propped up by the tech rally. The current sturdy positive factors are seemingly leaving merchants so much cautious forward of some market-moving catalysts scheduled for the week. Federal Reserve Chairman Jerome Powell heads to Capitol Hill this week to ship his semi-annual financial coverage testimony. Bond yields are perking up amid the speed uncertainty.Merchants might also be careful for the Fed’s shopper credit score report. M&A information may cushion any potential downward transfer through the session. World cues are blended, with Asia falling throughout the board, whereas European shares have opened on a agency notice. Commodities are transferring to the draw back. FuturesPerformance (+/-)Nasdaq 100-0.02percentS&P 500-0.04percentDow-0.03percentR2K+0.26percentIn premarket buying and selling on Monday, the SPDR S&P 500 ETF Belief SPY slipped 0.03% to $554.47 and the Invesco QQQ ETF QQQ edged down 0.-4% to $495.97, in keeping with Benzinga Professional information.Cues From Final Week:Wall Road superior strongly within the week ended July 5, due to Powell’s dovish remarks and a string of soppy information factors that raised hopes of price cuts forthcoming this yr. The Nasdaq Composite and the S&P 500 Index closed the week at recent intraday and shutting data. IndexWeeklyPerformance (+/-)ValueNasdaq Composite+3.50percent18,352.76S&P 500 Index+1.95percent5,567.19Dow Industrials+0.66percent39,375.87Russell 2000-1.02percent2,026.73Insights From Analysts:Additional upside is probably going this week if historical past is something to go by. Carson Group’s Chief Market Strategist Ryan Detrick stated in a publish on X that the primary half of July is traditionally some of the bullish durations of the yr for shares.He additionally famous that the S&P 500 Index was increased in all 4 buying and selling periods to date in July. He added that the index hasn’t been up 5 in a row since 2007, with essentially the most successful streak being a 10-session run in 1989.Upcoming Financial Information:Fed Chair Powell is about to ship his semi-annual Congressional testimony in two days and his feedback would be the most sought-after catalyst for the week. Merchants additionally get to digest a double dose of inflation information, and a preliminary shopper sentiment studying for July.A slew of Fed speeches are additionally on faucet for the week.Monday, the Fed will launch its shopper credit score report for Could at 3 p.m. EDT. Economists, on common, count on the excellent shopper credit score for the month to rise by $8 billion, sooner than the earlier month’s $6.4 billion.The Treasury will public sale three- and six-month notes at 11:30 a.m. EDT.See Additionally: Finest Methods For Futures TradingStocks In Focus:Commodities, Bonds And World Fairness Markets:Crude oil futures had been seen extending their losses from Friday and gold futures additionally pulled again, whereas the benchmark 10-year Treasury notice yield rose 3.1 factors to 4.303%.Bitcoin BTC/USD stemmed the slide and traded across the $57K mark.Asian shares fell throughout the board, with the Hong Kong and Chinese language markets declining by essentially the most amid fears that China’s commerce conflict with Europe might escalate. Merchants additionally remained cautious forward of China inflation information due on Wednesday. The Taiwanese market bucked the downtrend. The foremost European markets had been increased in early buying and selling following the shock election win for the left wing in France.Learn Subsequent:Picture by way of Shutterstock