U.S. stock futures are trading mixed ahead of a pivotal session as investors prepare for the June CPI inflation report, the official start of Q2 earnings season, and testimony from Federal Reserve Chair Kevin Warsh. Technology shares are showing relative strength, while higher oil prices and Treasury yields continue to keep inflation concerns in focus. 📊 Market Snapshot Nasdaq Futures: +0.43% S&P 500 Futures: -0.09% Dow Futures: -0.34% VIX: 17.31 (+0.87%) U.S. 10-Year Yield: 4.622% WTI Crude Oil: $80.96 (+3.61%) Gold: +0.56% Bitcoin: +0.73% Dollar Index: 97.37 (-0.14%) 🚨 What's Driving the Market? Bank earnings are setting the tone as JPMorgan, Bank of America and Wells Fargo reported stronger-than-expected quarterly results, providing investors with an early read on the health of consumers, businesses and credit markets. The market's primary focus now shifts to the June CPI report, which could significantly influence expectations for upcoming Federal Reserve policy decisions. Shortly after the inflation data, Fed Chair Kevin Warsh is scheduled to testify before Congress, where investors will look for additional clues on interest rates and the economic outlook. Meanwhile, crude oil continues to climb above $80 per barrel as geopolitical tensions in the Middle East persist, supporting energy prices while adding pressure to the inflation outlook. Treasury yields are also moving higher as markets reassess the path of monetary policy. 👀 Market Outlook Today's trading session could be driven by the combined impact of inflation data, major bank earnings, and Federal Reserve commentary. Investors will closely monitor CPI results, management guidance from financial institutions, Treasury yields, and energy prices to gauge whether markets can maintain recent momentum or face renewed volatility.