US stock indices rose during Monday’s trading as investors closely monitored the upcoming corporate earnings season.
Commerce Secretary Howard Lutnick reaffirmed that August 1 remains a firm deadline for the implementation of tariffs, though he indicated that dialogue with affected countries could continue beyond that date.
Later this week, earnings results from several major US tech companies are expected, with Alphabet and Tesla scheduled to report on Wednesday.
As for market performance, the Dow Jones Industrial Average rose by 0.5% (224 points) to 44,566 as of 16:33 GMT. The broader S&P 500 index gained 0.6% (38 points) to 6,335, while the Nasdaq Composite advanced 0.7% (160 points) to 21,054.