U.S. equity futures were little changed Monday as the S&P 500 trades near a record high and a busy week of potential market-moving news kicks off. S&P 500 futures were up nearly 0.2%. Futures tied to the Dow Jones Industrial Average added 50 points, or 0.1%. Nasdaq 100 futures gained 0.1%. The move in futures comes after all three of the major indexes notched their second-straight winning week. The S&P 500 on Friday closed above the 6,000 level for the first time since Feb. 21, and is now less than 3% away from its record closing high. Chris Verrone, chief market strategist Strategas, said Friday on “Closing Bell” that the rally shows concerns about tariffs and the U.S. economy are easing among many traders and investors. “The message of the market is still one that is largely pretty constructive here,” Verrone said, mentioning S&P 500 hitting a three-month high. “Maybe most importantly, cyclicals continue to hum along. I know the data on balance has been softer, but the market’s saying ignore it. Cyclicals making new highs versus defensives says, ’Hey, the economy’s largely OK here.” This week will bring plenty of opportunities to either reinforce or undermine the market’s confidence. Officials from the U.S. and China are expected to hold trade talks on Monday in London, President Donald Trump announced Friday. In the U.S., Apple’s 2025 Worldwide Developers Conference kicks off on Monday. The tech giant’s stock has been an area of weakness this year, sinking more than 18%. Inflation data is expected to be a key topic later in the week. The latest consumer price index is due out on Wednesday, followed by the producer price index on Friday. Traders will be looking for clues as to how the current tariff rates are flowing through the economy. A new consumer sentiment reading from the University of Michigan — which includes data around inflation expectations — is due out on Friday. Treasury yields have broadly stayed slipped Monday as investors await trade talks between Washington and Beijing on Monday. The 10-year Treasury yield was down by less than 1 basis points at 4.504%. The 2-year yield was lower by 2 basis points at 4.02%. Asian markets climbed Monday as investors awaited trade talks between Washington and Beijing later in the day, and digested China inflation and trade data. Mainland China’s CSI 300 index rose 0.29% to end the day at 3,885.25 while Hong Kong’s Hang Seng Index added 1.63% to 24,181.43, and the tech-heavy Hang Seng Tech index surged 2.78% to 5,433.23. Japan’s benchmark Nikkei 225 added 0.92% to end the day at 38,088.57, while the broader Topix index rose 0.58% to 2,785.41. In South Korea, the Kospi index climbed 1.55% to end the day at 2,855.77 while the small-cap Kosdaq rose 1.06% to 764.21. India’s benchmark Nifty 50 was up 0.43%, while the BSE Sensex added 0.37% as at 1.45 p.m. Indian Standard Time. Australian markets are closed for a public holiday. Oil prices were little changed on Monday as investors awaited U.S.-China trade talks in London in the hope that a deal could boost the global economic outlook and subsequently fuel demand. Brent crude futures gained 4 cents to $66.51 a barrel, while U.S. West Texas Intermediate crude lost 1 cent to $64.57. Brent rose 4% last week and WTI 6.2% as the prospect of a U.S.-China trade deal boosted risk appetite for some investors. Gold prices rose on Monday, supported by a weaker U.S. dollar ahead of U.S.-China trade talks aimed at resolving tensions, while platinum extended gains for a sixth straight session to scale a four-year peak. Spot gold rose 0.3% to $3,318.76 an ounce after dropping earlier in the session to $3,293.29, its lowest level since June 2. U.S. gold futures fell 0.2% to $3,339.70. The dollar fell 0.3% against a basket of peers, making bullion cheaper for holders of other currencies.