- Stocks edge slightly lower, pulling back from sharp gains at the end of last week; S&P -0.2%, Dow -0.1%, Nasdaq flat.
- This week's main event will be Janet Yellen's first testimony before Congress as Fed chair tomorrow, and traders will look for clues as to whether monetary policy will remain supportive.
- European markets erase early gains to trade little changed, with weak industrial production data weighing on sentiment; Asian markets ended mostly higher as strength last week in the U.S. market carried over.
- Emerging market currencies are mostly lower vs. the dollar but remain well above their weakest levels hit during the recent selloff.
- Treasurys are little changed, with the benchmark 10-year yield at 2.69%.
- No major economic data scheduled for release today.