By all indications, Monday could be a quiet trading day, but don't let the placid mood in the markets fool you -- investors are preparing for a rush of initial public offerings this week.
The IPO mania is part of a longer term, global trend that has seen many companies make their public debut.
U.S. stock futures were relatively firm heading into the first day of the trading week. There's little economic or corporate news on the docket Monday that could influence market sentiment.
The latest reading on the CNNMoney Fear & Greed index shows investor sentiment is in 'neutral mode.'
The stock surge comes despite HSBC data that showed Chinese manufacturing activity fell to an eight-month low in March.