Ten-year Treasury yields were hovering just shy of their highest since last May, and the 30-year yield was close to its highest since November 2023, as investors continued to show concern that President-elect Trump’s import tariff and immigration plans may revive inflationary pressures.

U.S. stock index futures edged higher on Monday, building on a late rally last week, as investors bought into technology stocks on continued optimism around AI and awaited crucial economic data that could set the tone for the U.

U.S. stocks gains narrowed on Monday afternoon, after Fed governor Lisa Cook warned that the stock market is susceptible to a "large decline." The Dow Jones Industrial Average edged up 19 points, or less than 0.