Dow Jones futures steady as inflation data and Powell's speech approach; Tesla stock rallies 47%

Dow Jones futures, along with S&P 500 and Nasdaq futures, showed little change ahead of key inflation reports and Fed Chair Jerome Powell's speech later this week. Investors are focused on the consumer price index and producer price index releases. Tesla's stock surged 9% on Monday, marking a five-day rally of 47.7%, the largest since March 2020. The stock reached a high of $358.64, following an all-time peak of $414.50 in November 2021. On Monday, the Dow Jones Industrial Average rose 0.7%, while the S&P 500 and Nasdaq each gained 0.1%. Oil prices fell over 3%, settling around $68.20 a barrel, with the 10-year U.S. Treasury yield unchanged at 4.3%.