US stocks rose on Monday after a US-EU trade pact and ahead of a busy week with Big Tech earnings, Fed meeting, inflation data, and the July jobs report. S&P 500 and Nasdaq closed at record highs, Dow Jones flatlined. US and EU agreed to tariffs at 15%, a relief for markets.

Investors digested details of the US-EU trade deal, with markets set to resume rally. Heavy earnings week ahead, with Meta and Microsoft leading on Wednesday, Amazon and Apple on Thursday. Fed starts meeting Tuesday, rates likely unchanged. Trump pressures for a rate cut.

Nike stock surged 4% after JPMorgan upgrade to Outperform. Samsung to make AI chips for Tesla in a $16.5B deal. Semiconductor stocks like ASML benefited from US-EU trade deal. US LNG stocks surged after EU pledged $750B in trade pact. Oil prices rose post-deal. European futures up on trade news.

Read more at Yahoo Finance: Dow, S&P 500, Nasdaq nudge higher as Trump-EU trade deal kicks off huge week