Debt ceiling negotiations and economic data dominate stock market news.

US stock futures were little changed on Monday evening as investors await progress on a deal to raise the debt ceiling before June 1. Treasury Secretary Janet Yellen warned that the US could default on its debt obligations as early as June 1 if a deal isn't reached between the White House and Congress. President Joe Biden has maintained that raising the debt ceiling is non-negotiable, while House Speaker Kevin McCarthy has pushed for talks to broker a deal to raise the debt ceiling be tied to spending cuts.