Stocks are mixed in early trading Tuesday as Wall Street watches for new developments in the Trump administration’s bid to win more favorable trade deals from nations around the globe by threatening to impose punishing tariffs on their exports to the U.S.
The S&P 500 was up less than 0.1% a day after posting its biggest drop since June. The benchmark index remains near its all-time high set last week.
The Dow Jones Industrial Average was down 47 points, or 0.1%, as of 9:56 a.m. Eastern time, and the Nasdaq composite was 0.2% higher.
Bond yields were mostly higher. The yield on the 10-year Treasury rose to 4.43% from 4.39% late Monday.
The market is coming off a broad sell-off after President Donald Trump set a 25% tax on goods imported from Japan and South Korea and new tariff rates on a dozen other nations scheduled to go into effect