Stock market news live updates: Stock futures drop, Treasury yields spike as traders await inflation, earnings data

U.S. stocks dipped Monday as investors looked ahead to the start of corporate earnings season this week and a bevy of new economic data as the Federal Reserve prepares to accelerate its moves to counter inflation.The S&P 500 declined 0.61% and added to last week’s losses shortly after the opening bell. Nasdaq dropped 1% as…