Here’s what we’re watching ahead of the opening bell on Monday.
—U.S. stock futures are down premarket, as rising Treasury yields have some investors reconsidering stocks’ high valuations. Futures for the S&P 500 are down 0.7%, while those on the Dow are 0.5% lower. Read our full market wrap here.
What’s Coming Up
—On the earnings front, there are full-year numbers due from Berkshire Hathaway and Discovery this morning. After market, reports are due from online insurance marketplace EverQuote and executive search firm Heidrick & Struggles .
—Fresh data on the hot housing market is out today with the monthly update to the Case-Shiller Home Price index due at 9 a.m. ET. National house prices were up 9.5% in the year to the end of January.
Market Movers to Watch
— Boeing is down 3.9% premarket Monday following an engine failure on one of its 777 jets over the weekend. The company recommended airlines ground some of the jets Sunday to carry out inspections.