04:12 PM EDT, 05/05/2025 (MT Newswires) -- US benchmark equity indexes ended mixed Monday as traders tracked updates on global trade, as well as a report showing continued expansion in the US services sector.

* The Trump administration is "very close to some deals," CNBC reported, citing Treasury Secretary Scott Bessent. President Donald Trump said Sunday that tariff deals with some countries could come as early as this week, according to the report.

In a social media post Sunday, Trump said he was authorizing the Department of Commerce and the US Trade Representative to immediately start the process of imposing 100% duties on "any and all movies coming into our country that are produced in foreign lands."

* The US services sector grew at a faster pace sequentially last month, data from the Institute for Supply Management showed.

"April's change in indexes was a reversal of March's direction, with increases in three of the four sub-indexes that directly factor into the services PMI," said Steve Miller, chair of the ISM's services business survey committee.

* June West Texas Intermediate crude oil closed down $1.26 to settle at $57.02 per barrel, while July Brent crude, the global benchmark, was last seen down $1.14 to $60.15 after OPEC+ announced a second-straight monthly supply increase of 411,000 bpd in June, a move likely to push the market into surplus even as the global economy slows amid trade wars.

* Skechers USA ( SKX ) shares jumped 24% after the footwear maker agreed to be acquired by investment firm 3G Capital in a deal that will see the footwear maker become a private company.

* Tyson Foods ( TSN ) shares slumped 7.8%. The meat producer's fiscal Q2 sales trailed Wall Street's estimates amid what it called a "legal contingency accrual."