The Dow Jones index fell Monday despite the U.S.-European Union trade deal. President Trump spoke on tariffs. Nvidia stock rallied to a new high.

The yield on the 10-year hit a 52-week high of 4.896% on January 13, a week before Trump's second inauguration, and traded as low as 3.860% on April 4 before spiking to 4.607% on May 21, then settling at 4.431% on July 18.

Wall Street is coming off a winning week fueled by strong earnings and recent deals between the U.S. and its trading partners.

US stocks were mixed Monday and the S&P 500 eked out a record high for the sixth day in a row as investors digested the announcement of a trade deal between Washington and Brussels.

Earnings are in the midst of a "rolling recovery" that'll boost the S&P 500. AI, fiscal policy, and rate cuts will help the rally, Morgan Stanley said.

Asian stocks are expected to open lower following Wall Street's pause, as investors await key economic data and earnings reports. Trade deal optimism fades, while the dollar strengthens and Treasuries decline.

President Donald Trump is in Scotland, where he is meeting with British Prime Minister Keir Starmer to refine a trade deal the two leaders signed last month. President Donald Trump is in Scotland, where he is meeting with British Prime Minister Keir Starmer to refine a trade deal the two leaders signed last month.

Trump Jr. is a board member, shareholder and adviser for GrabAGun and rang the opening bell at the NYSE as the company went public.