Wall Street is pointing to a lower open Monday as the Trump administration steps up pressure on trading partners to quickly make deals before a Wednesday deadline. The U.S. will warn trading partners that higher tariffs could kick in Aug. 1.

Wall Street futures are largely unchanged Wednesday and with little corporate news or earnings reports during the holiday-shortened week. There may also be a pullback ahead of critical U.S. employment data that arrives Thursday, and a looming U.S. tariff deadline next week.

America is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, Treasury Secretary Scott Bessent said.

All three major U.S. indexes ended higher last week, notching three record closing highs despite an abbreviated trading week.