US stock futures traded flat as Wall Street prepared for major earnings and economic data ahead of a blockbuster week that could shake markets.

Futures for major U.S. stock indexes are pointing toward a modestly higher open on Monday, signaling that the recent rally on Wall Street could continue. Investor sentiment has been buoyed by a surprise trade deal reached over the weekend between the U.

The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a U.S.-EU trade pact set the stage for a week packed with megacap earnings, a Fed meeting, and an approaching U.