U.S. stock index futures were little changed in late Sunday trading, with record gains showing signs of cooling ahead of further monetary policy hints and new developments in the presidential election.。

S & P 500 futures down 0 as of 18: 53 EST (23: 53 GMT).1%, to 5,141.75, while the Nasdaq 100 futures index held steady at 18,340.50 points。Dow Jones Futures Down 0.1%, to 39,098.0 point。

Wall Street stocks rose to record highs on Friday, helped by gains in AI-led tech stocks.。Evidence of weakening consumer sentiment and manufacturing activity has fueled expectations that the Federal Reserve will cut interest rates early this year.。

However, that momentum appears to be waning, especially with the stock market at record highs and a number of major economic measures due this week.。

On Friday, the S & P 500 rose 0.8% to close at a record 5,137.08 points, Nasdaq composite surges 1.1%, at 16,274.94 points, a record high。Dow Jones industrials climb 0.2%, to 39,087.38 points, close to previous highs。

The focus this week will be Fed Chairman Jerome Powell's hearings before a House committee on Wednesday and a Senate panel on Thursday.。

Powell is likely to largely maintain the Fed's cautious approach of keeping interest rates steady in the face of persistent inflation, a view shared by other Fed members over the past two weeks.。Still, attention will be focused on any signs of when the central bank might start cutting rates this year, with the market expecting it to cut rates in June.。

In addition, February's non-farm payrolls data, due this Friday, are expected to provide more clues about the state of the job market, a key indicator for the Fed as it considers changing interest rates.。

Super Tuesday in spotlight as presidential campaign heats up。"Super Tuesday" will be held on March 5 this week, when 15 US states will vote on presidential primaries.。

It is widely predicted that the presidential primary is expected to be a rerun of the showdown between incumbent President Joe Biden and former President Donald Trump.。

The ongoing criminal proceedings against Trump, though, and growing anger over Biden's response to the Israel-Hamas conflict are expected to complicate the 2024 election.。

Investors will also see reaction this week from Macy's (NYSE: M), which received a $6.6 billion takeover bid from an investment group.。