US stock futures were mixed on Monday as investors awaited the Federal Reserve's (Fed) policy signal and major corporate earnings reports.
The central bank is expected to keep interest rates unchanged at its next meeting, with the market now focused on clues about the direction of the next rate cut.
Meanwhile, more than 90 S&P 500 companies are expected to report quarterly results, including tech giants Apple, Microsoft, Meta Platform, Tesla and IBM.
In terms of market performance, the S&P 500 index rose 0.03% to 2.26 points, the Nasdaq Composite rose 0.28% to 65.22 points, while the Dow Jones plunged 0.58% to 285.30 points.
Market focus this week will also be on key US data including US durable goods orders, the Producer Price Index (PPI), export and import data, and the home price index.
Meanwhile, market uncertainty increased last week after President Donald Trump threatened to impose 10% tariffs on several European countries in a move to take over Greenland.
However, Trump scrapped the plan after the European Union (EU) approved a deal that would allow Washington to take control of the island from Denmark.
