"We still believe the most likely outcome is slow growth and firm inflation: Not a recession, but a backdrop where the adverse effects of trade and immigration controls on growth outweigh the boost from deregulation and fiscal largesse," Morgan Stanley strategist Michael Zezas wrote.

The S&P 500 added another 0.1% in early trading after setting an all-time high every day last week. The Dow Jones Industrial Average fell 19 points, or less than 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite is 0.3% higher, coming off its own record.

Many details of the trade deal are still to be worked out, and Wall Street is heading into a week full of potential flash points that could shake markets. The Standard & Poor’s 500 index was nearly flat and edged up by less than 0.

Anthony Pompliano, Professional Capital Management founder and CEO, joins 'Squawk Box' to discuss the state of the crypto market, Wall Street's embrace of bitcoin, future of bitcoin adoption, and more.

The S&P 500 added another 0.1% in early trading after setting an all-time high every day last week. The Dow Jones Industrial Average fell 19 points, or less than 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite is 0.3% higher, coming off its own record.

President Donald Trump’s vows to roll out punishing new tariffs on Aug. 1 have barely made a ripple with investors who are convinced he’ll once again back down. But at the White House, officials insist they’re serious this time.

The S&P 500 and the Dow edged up in tepid trading on Friday as investors assessed President Donald Trump's latest comments on trade discussions with the European Union and his hints that a rate cut from the U.

"It's hard not to chuckle at the mess the Trump administration has made for itself" over Jeffrey Epstein, said Jonah Goldberg in the Los Angeles Times. For years, the president and his allies stoked conspiracy theories about the disgraced financier,