Stocks were choppy to start the busy week as market participants considered a tentative trade deal between the U.S. and the European Union. The main indexes eventually finished mixed as attention turned to this week's Fed meeting and an upcoming onslaught of corporate earnings reports.
On Sunday, the two parties agreed to set a 15% tariff on most goods that the EU exports to the United States, including cars and pharmaceuticals. The deal also stipulates that the European Union buy $750 billion of U.S. energy and invest an additional $600 billion in the United States.
