Both the Dow Jones and S&P 500 managed to close higher on Monday for the fifth straight session, marking the longest winning streak in 2025, while NASDAQ closed higher as markets analyze latest corporate earnings results.
US Treasury Secretary Scott Bessent called on China to calm trade tensions, and said the responsibility falls on China for reaching a trade deal.
Bessent said in a CNBC interview that China should move to calm the trade tensions as they sell to the US five times what the US sells to them.
He once again said the reciprocal tariffs between Washington and Beijing are not sustainable, pointing to the progress on trade negotiations between the Trump administration and many other countries, including India.
This week, many major tech corporations, such as Apple, Meta, Microsoft, and Amazon, will release the quarterly results, while investors also await the pivotal US payrolls report on Friday.
At the close, Dow Jones rose 0.3%, or 114 points to 40,227 points, with a session-high at 40,414 points, and a low at 39,869 points.
S&P 500 rose 0.1%, or 3 points to 5528 points, with a session-high at 5553 points.
NASDAQ slipped 0.1%, or 17 points to 17,366 points, with a session-low at 17,128 points.
