04:22 PM EDT, 07/14/2025 (MT Newswires) -- US benchmark equity indexes ended higher on Monday as the market awaits inflation data following US President Donald Trump's tariffs on the European Union and Mexico.
* Trump announced over the weekend that the US will impose 30% tariffs on the EU and Mexico starting Aug. 1, and EU and Mexican leaders signaled talks with the Trump administration to seek a reduced tariff rate.
* Investors await this week's inflation data to assess the impact of the Trump-era tariffs on the broader economy, with the consumer price index due Tuesday and the producer price index following on Wednesday. The start of the Q2 earnings season, led by major banks on Tuesday, is also in focus.
* August West Texas Intermediate crude oil fell $1.41 to settle at $67.04 per barrel, while September Brent crude, the global benchmark, was last seen down $1.13 to $69.23
* Autodesk ( ADSK ) shares rose 5.1% after Bloomberg reported that the company is no longer pursuing an acquisition of PTC (PTC). PTC shares dropped 1.3%.
* Waters (WAT) shares fell 14% after the company agreed to buy Becton Dickinson's ( BDX ) biosciences and diagnostic solutions business in a $17.5 billion deal. Becton shares rose 0.7%.