Stock futures were little changed on Monday, as investors looked ahead for forthcoming inflation data.

Futures tied to the S&P 500 hovered near the flatline. Nasdaq 100 futures advanced nearly 0.1%, while Dow Jones Industrial Average futures gained 16 points, or 0.04%.

Stocks ended Monday’s trading near the flatline, with the S&P 500 closing with a marginal decline of 0.04% and the 30-stock Dow losing 0.03%. The Nasdaq Composite eked out a small gain of 0.03%.

During the session, the 10-year Treasury yield topped 4.4% as investors awaited Wednesday’s consumer price index report for more insight into how the Federal Reserve’s rate policy has been affecting inflation. Economists surveyed by Dow Jones expect inflation to have increased 0.3% in March.

“If [CPI] is a surprise and that continues to reprice inflation expectations higher, I think that’s where it becomes dangerous for stocks,” iCapital chief investment strategist Anastasia Amoroso told CNBC’s “Closing Bell” on Monday.

Amoroso added that the rise in bond yields has been triggered by an improving growth outlook, underpinned by a stronger-than-expected jobs report from Friday. However, she cautioned that a continued rise in the 10-year yield could signal cause for concern for the broader market.

“If the moves are somewhat contained here I think we’re fine, despite the backup, but obviously if you have anything closer to a breakout to 4.8%, I think we’d have to worry,” she said.

In the way of economic data, the National Federation of Independent Business will issue its small business survey results on Tuesday. In addition to Wednesday’s release of the CPI, the Federal Reserve’s minutes from its March meeting are also slated for that day.