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U.S. stock futures fall as investors brace for big earnings and bond yields resume a climb upward.

U.S. stock futures slipped early Monday, with bond yields on the rise as investors braced for a big week of earnings.

How are stock-index futures trading?
S&P 500 futures ES00 fell 0.4% to 4,370
Dow Jones Industrial Average futures YM00 fell 0.2% to 34,284
Nasdaq-100 futures ES00 slipped 0.5% to 13,817.
On Thursday, which marked the end of a week shortened by the Easter holiday, the Dow industrials DJIA fell 113.36 points, or 0.3%, to 34,451.23, the S&P 500 SPX lost 1.2% to 4,392.59 and the Nasdaq Composite COMP tumbled 2.1% to 13,351.08.

The S&P 500 and Nasdaq each saw the second-straight weeks of losses, down 2.1% and 2.6%, respectively, while the Dow fell 0.8% in a third-straight weekly drop.

Geopolitical worries will continue to cloud the outlook for U.S. equities, even as concerns over soaring inflation and higher commodity prices, stoked by sanctions against Russia, curb expectations for how aggressively the Fed will hike rates.

"The stock market has been buoyed by expectations for a less aggressive Fed and lower yields in aggregate. The threat of higher interest rates has receded somewhat," Brad Neuman, director of market strategy at Alger told Reuters.

"The Fed will be less aggressive now that Russia has invaded Ukraine in the near term, but the problem that the Fed faces has not been ameliorated," Neuman said. "In fact, it has been exacerbated."

Soaring commodity prices have raised fears of even greater inflation, which could prompt the Fed to hike interest rates more aggressively.

Fed Chair Jerome Powell said last week he would support a 25-basis-point interest rate increase at the central bank's upcoming meeting next week but added that he would be "prepared to move more aggressively" later if inflation does not subside as quickly as expected.

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