Nasdaq 100 and S&P 500 futures were virtually unchanged ahead of Monday’s opening bell.
Wall Street was unfazed by news overseas that the U.K. will commence the Brexit process on March 29.
On the earnings front, Movado (MOV) slumped 7% after the luxury watchmaker reported earnings, announced job cuts, and gave disappointing guidance.
Shares of Disney (DIS) added 0.3% in early trading on news “Beauty and the Beast” had a big weekend, raking in $170 million.
Benchmark crude oil shed 1% to $48.13 a barrel. The 10-year Treasury yield ticked higher to 2.51%.
Economic data this week include existing-home sales on Wednesday and new-home sales on Thursday. IBD’s home-building group has rocketed nearly 9% in the past four weeks, partly in anticipation of a strong spring selling season.
Chicago Fed President Charles Evans has a speech today at 8:30 a.m. ET. Fed President Janet Yellen is also scheduled to speak Thursday at 8 a.m. ET.