Stocks were pointing higher ahead of the first trading day of the week. But traders are bracing for more volatility on Donald Trump’s first full day in office as president in his second term. While markets were closed on Monday for the Martin Luther King,

Trump’s executive orders included overhauls to U.S. trade policy and declaring a national emergency at the southern border.

U.S. stock futures were rising and bond yields were retreating on Friday. Investors have been fretting about elevated interest rates for weeks, but the past few days have boosted hopes that the Federal Reserve will be able to cut borrowing costs at some point this year.

U.S. stock market futures rose amid the inauguration of Donald Trump as investors bet a series of immediate actions by the incoming president would boost the economy, especially in areas like the banking and energy sectors.

U.S. stock futures climbed on Monday evening as President Donald Trump took office, signaling a new era of policy changes. Trump reentered the White House on Monday, following the Martin Luther King Jr.