Futures tied to the Dow Jones Industrial Average rose slightly Monday as bank shares climbed, and investors looked ahead to a key inflation data release later in the week.
Futures for the blue-chip index leaped 74 points, or 0.2%, at 33,813.
Futures for the S&P 500 gathered seven points, or 0.2%, to 4,157.25.
Futures for the NASDAQ Composite dropped six points, or 0.1%, to 13,311.75.
Over the weekend, billionaire investor Warren Buffett commented on a slew of topics, including the latest banking crisis that rocked Wall Street, at Berkshire Hathaway's annual meeting in Omaha, Nebraska. The latest results from the conglomerate showed operating earnings increase 12% in the first quarter, while its cash hoard topped $130 billion.
Despite recent fears, Buffett said deposits should be safe in the banking sector, while also noting that commercial real estate is beginning to experience the consequences of higher borrowing costs. Even with its more than 20% stake in Occidental Petroleum, Buffett also indicated that Berkshire has no plans to take over the oil giant.
Shares of PacWest outperformed, surging 31%, after the bank cut its dividend. Big banks Citigroup, Wells Fargo, JPMorgan Chase and Morgan Stanley also rose.
On the inflation front, investor attention this week turns to April's consumer price index due out Wednesday, followed by the producer price index on Thursday.
Markets in Japan returned to trading Monday, with the Nikkei 225 falling 0.7%, while in Hong Kong, the Hang Seng hiked 1.2%.
Oil prices rumbled higher $1.94 to $73.28 U.S. a barrel.
Gold prices hiked $4.60 to $2,029.40 U.S. an ounce.