U.S. stocks are lower in early trading Monday as the Trump administration steps up pressure on trading partners to make deals before a Wednesday deadline.
The S&P 500 was 0.3% lower as trading resumed in the U.S. following a holiday-shortened week. The benchmark index remained near its all-time high set last week.
The Dow Jones Industrial Average was down 96 points, or 0.2%, as of 9:54 a.m. Eastern time, and the Nasdaq composite was 0.5% lower.
U.S. stocks are lower in early trading Monday as the Trump administration steps up pressure on trading partners to make deals before the upcoming deadline, according to reports. John Angelillo/UPI/Shutterstock
Bond yields were mixed. The yield on the 10-year Treasury rose to 4.37% from 4.34% late Thursday.
Tesla tumbled 7.9% for the biggest drop among S&P 500 stocks as the feud between CEO Elon Musk and President Donald Trump reignited over the weekend. Musk, once a