U.S. stock index futures were flat Monday as Wall Street looked ahead to a week filled with economic data and the latest commentary from the Federal Reserve. Dow Jones Industrial Average futures fell 43 points, or 0.1%. S&P 500 and Nasdaq-100 hovered around the flatline. Traders are coming off a positive week for the major averages. The Dow industrials added 1.75% last week, ending a four-week losing streak. The S&P 500 advanced 1.90%, while the Nasdaq capped the week with a 2.58% pop. Those gains come even as the yield on the benchmark 10-year Treasury note rose above the psychological 4% level at various points last week. An upward move in the 10-year yield raises borrowing costs for consumers and could signal a drop in investor confidence. “If you’re afraid of a recession, go get the 10-year Treasury,” Sri-Kumar Global’s Sri Kumar told CNBC on Friday. “Equities are a losing proposition today, and until you see the valuations come down significantly, just don’t trust [Friday’s] rally.” Important catalysts this week include congressional testimony Tuesday and Wednesday from Fed Chair Jerome Powell, who will guide investors and lawmakers on how the central bank is thinking about inflation and its rate-hiking campaign going forward. Traders are also anticipating the February jobs report on Friday, which follows January’s blockbuster report that showed the economy added 517,000 payrolls. Economists polled by Dow Jones are expecting 225,000 jobs added last month. On Monday, the latest factory orders data will also be released after the bell. Economists are expecting a decline of 1.8% in January, according to consensus estimates from Dow Jones. That’s compared to a 1.8% gain in the prior reading. Stocks in Asia-Pacific traded mixed on Monday as investors further digested China’s growth target set in its parliamentary sessions and looked ahead to a week of economic data. In Australia, the S&P/ASX 200 rose 0.62% to end its session at 7,328.6 ahead of the Reserve Bank of Australia’s decision Tuesday, with economists surveyed by Reuters expecting to see a 25 basis point hike in its cash rate. The Nikkei 225 rose 1.11% to close at 28,237.78 and the Topix climbed 0.84% to 2,036.49. In South Korea, the Kospi gained 1.2% to 2,462.62 as the nation’s inflation showed further easing in February. In mainland China, the Shanghai Composite fell 0.19% to 3,322.03 and the Shenzhen Component inched 0.1% lower to 11,842.88 after Chinese Premier Li Keqiang released the nation’s government work report on Sunday. The Hang Seng index struggled for direction and last rose 0.2% in its final hour of trade. Oil prices opened lower on Monday after China set a modest target for economic growth this year of around 5%, lower than market expectations of 5.5% growth in the world’s second- largest oil consumer. Brent crude futures were trading down 50 cents, or 0.6%, at $85.33 a barrel at 0147 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 46 cents, or 0.6%, at $79.22 a barrel. Gold prices ticked lower on Monday as central banks indicated further interest rate hikes to tame stubbornly high inflation, diminishing bullion’s appeal as a hedge against price increases. Spot gold was down 0.1% at $1,853.99 per ounce, as of 0305 GMT, after climbing to its highest since Feb. 15 on Friday. U.S. gold futures rose 0.3% to $1,859.90.