Market Update: Mixed Signals and Shifting Sentiment

Stock futures were little changed to start the week after last week's pullback, with Dow futures down 0.05%, S&P 500 futures down 0.06%, and Nasdaq-100 futures marginally higher. The market ended last week on a positive note after a stronger-than-expected jobs report. Investors are awaiting March consumer and producer price index readings for further clarity on inflation. European markets opened mixed, while India's Sensex and Nifty 50 hit new all-time highs. China's central bank announced a $70 billion "re-loan" program to support tech SMEs, and Chinese real estate firm Shimao faces a liquidation lawsuit. Bank of America expects this week's CPI report to show a moderation in price pressures, providing confidence for a Fed rate cut in June. Elon Musk announced that Tesla will unveil its robotaxi on August 8.