Stock futures were little changed Monday ahead of a packed week for earnings and economic data. Wall Street is also awaiting any progress on trade deal negotiations. S&P 500 futures and Nasdaq 100 futures each hovered around the flatline. Futures tied to the Dow Jones Industrial Average were also flat. On Monday, Treasury Secretary Scott Bessent offered little clarity on the direction of reaching a possible trade agreement with China, but said that the onus was not on the United States. That’s after President Donald Trump said last week that discussions with China were underway, refuting China’s claims of no trade talks between the two countries. “I believe that it’s up to China to de-escalate, because they sell five times more to us than we sell to them, and so these 120%, 145% tariffs are unsustainable,” Bessent said on CNBC’s “Squawk Box.” On the positive side, however, Bessent said that they were making progress on other trade proposals, suggesting a deal with India would be “one of the first” to come. Investors are also looking ahead to the busiest period of the first-quarter earnings season, which will see more than 180 S&P 500 companies report results. Four of the ‘Magnificent Seven’ companies— Amazon, Apple, Meta Platforms and Microsoft — will release their quarterly reports, as will financial, staples and health care stocks Visa, Coca-Cola, and Eli Lilly. Earnings results have been somewhat strong for the prior quarter, with 73% of companies reporting beating analysts’ estimates so far — slightly below the 5-year average of 77%, according to FactSet data. Still, Wall Street is lowering expectations for the second quarter and the full year as companies come out with uncertain guidance because of President Donald Trump’s tariffs. This week will mark the end of April, which has seen stocks whipsaw across a wide trading range after Trump unveiled his sweeping tariff plans and then later walked some of the stiffer duties back. So far in April, the S&P 500 is down by 1.5%, while the Dow Jones Industrial Average is on track to lose 4.5% and the Nasdaq Composite is up 0.5%. The S&P 500 briefly entered a bear market on April 7 and has made a recovery since, but the index has failed to break through key resistance levels. “While it may be too early to make the technical case for a bottom in beta underperformance, the recent rebound off key support implies investors should remain on high alert for a potential shift back toward risk-on leadership,” Adam Turnquist, chief technical strategist for LPL Financial, said. The week also will see multiple reports on the labor market as well as key data on inflation and economic growth. Topping the list will be Friday’s nonfarm payrolls release, while first-quarter gross domestic product and the Fed’s preferred inflation gauge will be out Wednesday. U.S. Treasury yields were little changed on Monday as investors look ahead to a busy week of economic data, including readings on jobs, economic growth and inflation. The benchmark 10-year Treasury yield rose less than 2 basis points to 4.28%, while the 2-year Treasury yield was down less than 1 basis point at 3.76%. Asia-Pacific markets traded mixed Monday as investors assessed China’s promises to support domestic businesses as well as developments in trade negotiations between the U.S. and countries in the region. Mainland China’s CSI 300 index fell 0.14% to end the day at 3,781.61, while Hong Kong’s Hang Seng Index closed flat at 21,973.24. India’s benchmark Nifty 50 rose 1.23% while the broader BSE Sensex gained 1.31% as at 1.38 p.m. Indian Standard Time. Over in Japan, the benchmark Nikkei 225 added 0.38% to end the day at 35,839.99 while the broader Topix index advanced 0.86% to 2,650.61. In South Korea, the Kospi index edged up 0.1% to close at 2,548.86 while the small-cap Kosdaq fell 1.41% to 719.41. Australia’s S&P/ASX 200 ended the day 0.36% higher at 7,997.10. Oil prices inched up in early trade on Monday but remained dogged by uncertainty over trade talks between the U.S. and China clouding the outlook for global growth and fuel demand, while the prospect of OPEC+ raising its supply cast more gloom. Brent crude futures and U.S. West Texas Intermediate crude nudged higher for a third session, up 9 cents by 0025 GMT to $66.96 and $63.11 a barrel, respectively. Gold prices fell on Monday, as the dollar held firm and hopes for de-escalation in U.S.-China trade tensions dented appetite for safe-haven assets. Spot gold was down 0.8% to $3,292.37 an ounce. U.S. gold futures added 0.3% to $3,307.4. The dollar index, which measures the U.S. currency against a basket of others, rose 0.1%, making gold less attractive for other currency holders.