US stocks close higher, Treasury yields soften as tariff deadlines, earnings loom


— Reuters

NEW YORK: Wall Street stocks advanced on Monday, while Treasury yields softened at the top of a busy week of corporate earnings reports, as tariff negotiations between the U.S. and its trading partners ramped up in the face of a fast-approaching August 1 deadline.

All three major U.S. stock indexes moved higher in opposition to their European counterparts, gold notched a five-week high and the dollar weakened against the yen in the wake of Japan's weekend elections.

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