Kevin Warsh will be the first Fed chair sworn in at the White House in almost 40 years

Dow, S&P 500, Nasdaq futures dipped from record-highs ahead of a packed earnings week.

The Dow is set for a 300-point loss, with S&P 500 and Nasdaq dropping as elevated bond yields persist due to inflation concerns.

Evercore’s Roger Altman warned that a sharp rise in crude oil towards $150 a barrel or higher could destabilize markets and trigger a "second big inflation shock."

S&P 500 has a 30% chance of crashing over the next two years, which is presented as the good news, warning about frothy market sectors.

Tough talk from the Federal Reserve about rate hikes may be needed to ease the Treasury market’s rout.