U.S. stock markets changed slightly on Monday as a busy week of earnings reports and economic data began, which will continue to paint an initial picture of the U.S. economy's response to President Trump's tariffs.
The S&P 500 index rose by more than 0.3%, while the Dow Jones Industrial Average maintained its stability near the breakeven point. The Nasdaq Composite index lost 0.4%, affected by a decline in shares of Nvidia, a company specializing in artificial intelligence chips.
This relative calm comes after a week of gains, with the S&P 500 marking its longest streak of daily increases since January, as Trump's pressures on Federal Reserve Chairman Jerome Powell eased, and his signals of the possibility of rolling back some of the 145% tariffs imposed on Chinese goods. Despite Wall Street's cautious optimism, there remains room for further growth before closing the last trading week of April, which is filled with events.