Futures for the Dow Jones Industrials lost 14 points at 33,645.
Futures for the S&P 500 backpedaled 9.25 points, or 0.2%, to 4,122.75.
Futures for the NASDAQ Composite tumbled 75.25 points, or 0.6%, to 13,095.50.
On Thursday, the major averages rose to end a holiday-shortened trading week. However, only the Dow notched a weekly gain of 0.6% while the S&P 500 edged lower 0.1%, and the NASDAQ fell 1.1%.
The market was volatile as economic data showed signs of a weakening labour market. The March jobs report on Friday showed a resilient economy and moderate inflation, however, which pushed stock futures and Treasury yields higher. The New York Stock Exchange was closed for Good Friday.
Investors are in for a busy week of economic data, including the latest consumer price index and producer price index data – due out Wednesday and Thursday, respectively – which will be key in determining if or when the Fed will pause or put an end to its rate hiking campaign.
They’ll also get the first batch of companies reporting first-quarter financial results. Tilray Brands kicks things off Monday. The major banks – JPMorgan Chase, Wells Fargo and Citigroup – will report on Friday.
Non-farm payrolls grew by 236,000 for the month, about in line with the Dow Jones estimate of 238,000, the U.S. Labor Department reported. The unemployment fell to 3.5%, against expectations that it would hold from the previous month at 3.6%.
In Japan, the Nikkei 225 gained 0.4% Monday, while in Hong Kong, markets were closed for Easter Monday.
Oil prices fell 0.03 cents to $80.67 U.S. a barrel.
Gold prices faded $9.40 to $2,017.00 U.S. an ounce.