Still, positive earnings surprises kept markets near peaks. Analysts on average expect S&P 500 companies to report a 6.7% increase in earnings for the second quarter, with Big Tech driving much of that gain, according to data compiled by LSEG.

U.S. stock-market futures were little changed Sunday, as investors await the next tariff developments and a big week of quarterly earnings. Dow Jones Industrial Average futures were last up around 62 points,