US equity futures little changed

S&P 500 futures are 2 points higher after Friday's 45-point surge.

The dominant story late last week was a leaked plan from the Biden administration to hike capital gains taxes on those earning more than $1m. Ultimately, the market decided that it was better to pay 40% on gains above $1m than have no gains at all.

This week is heavy on economic data, with the Fed decision and huge slate of earnings as well.