White House economic advisor Kevin Hassett said on Friday that the Trump administration is still considering whether to fire Federal Reserve Chairman Jerome Powell — a move that would further impact the market's speculation about the direction of the next fiscal policy. On the U.S. stock market side, ongoing concerns about the lack of direct trade negotiations between the U.S. and China continue to affect sentiment. Meanwhile, Chicago Federal Reserve Bank President Austan Goolsbee warned over the weekend that tariffs could lead to a "significant decline" in U.S. economic activity during the summer, further increasing the cautious atmosphere. Investors are also preparing for the upcoming earnings week, with over 100 companies in the S&P 500 set to report, including tech giants Tesla and Google's parent company.