Stocks are modestly higher around midday following a lower open as markets remain relatively resilient to continued tariff news flow.

Today offers little in terms of key data or earnings, but several large U.S. banks report early Tuesday and June consumer prices also bow then. Tariffs sent stocks lower last week.

Crude oil futures (/CLQ25) rallied to end the week.

Kathy Jones and Liz Ann Sonders discuss the latest tariff news and the implications of the recently passed "One Big Beautiful Bill."

The resilient job market has supported stock gains, but Washington policy has been a primary market driver so far this year.

The S&P 500 and Nasdaq Composite managed to eke out fresh record intraday highs this week in the face of several new tariff announcements this week. However, there are signs that momentum is waning and next week has multiple potential catalysts to test the bull's resiliency.

Liz Ann Sonders shares her perspective on the U.S. stock market and economy in this monthly Market Snapshot video.

After closing at or near record highs yesterday, Wall Street braces for Delta results and a Fed governor's speech. Fed minutes showed willingness to consider rate cuts this year.

The week started on a slow note following the holiday with investors nervous about tariffs and the start of earnings. Fed minutes later today could provide some color on rates.