03:51 PM EDT, 06/09/2025 (MT Newswires) -- US benchmark equity indexes are on track to close higher on Monday, as investors parse the impacts of the latest round of trade negotiations between the US and China.

The Dow Jones Industrial Average was up 0.1% to 42,814.34, while the Nasdaq Composite increased 0.4% to 19,609.62. The S&P 500 was up 0.2% to 6,012.35. Among sectors, consumer discretionary headed the gainers rally, while financials paced the decliners.

Edison International's ( EIX ) shares fell 7.5%, the worst performer on the S&P 500. Wolfe Research downgraded its rating on the company's stock to peer perform from outperform.

Universal Health Services ( UHS ) declined 5.6% following last week's reports that Senate Republicans are mulling a reduction in Medicare spending. Intuitive Surgical ( ISRG ) was down 5.3% and HCA Healthcare ( HCA ) declined 2.7%.

ON Semiconductor (ON) shares jumped 5.2% after BofA Securities raised its price target on the company's stock to $60 from $55.

The 10-year US Treasury yield was down 2.3 basis points to 4.49%, while the two-year rate decreased 3.1 basis points to 4.01%.

July West Texas Intermediate crude oil was up 1.1% to $65.29 a barrel.