US Equity Indexes, Treasury Yields Mixed in Midday Trading

12:35 PM EDT, 07/14/2025 (MT Newswires) -- US equity indexes traded mixed in midday trading on Monday as investors await inflation data for June and banks' quarterly earnings amid the Trump administration's trade-tariff negotiations with the largest US trading partners.

The Nasdaq rose 0.2% at 20,632.08, while the S&P 500 slipped less than 0.1% to 6,256.2 and the Dow Jones Industrial Average fell 0.1% to 44,319.5.

Energy and materials declined the most intraday, while financials and communication services led the gainers.

While the Swiss government continues talks on its trade deal with the US, the European Union warned of necessary "proportionate countermeasures" if efforts to reach an agreement with the White House fall through by the Aug. 1 deadline. The statement was made on the same day that US President Donald Trump announced a 30% tariff on EU goods. Mexico is also facing 30% punitive import duties from the US, while Canada has been told its exports to the US could expect a 35% levy in the absence of a trade agreement with the Trump administration.

US Treasury yields traded mixed, with the 10-year Treasury up one basis point to 4.43% and the two-year 1.2 basis points lower at 3.90%.

The ICE US Dollar Index rose 0.2% to 98.06 intraday. Gold futures retreated 0.3% to $3,354.70 per ounce.

Investors are awaiting the consumer price index data on Tuesday and the producer price index the next day. Additionally, the big money center banks will kick off the Q2 earnings season in right earnest on Tuesday, with reports from the likes of JPMorgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), BlackRock (BLK), and State Street (STT).

In energy markets, West Texas Intermediate crude oil futures dropped 1.6% to $67.39 a barrel.

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