In New York, the Dow Jones Industrial Average was trading higher at 53,405.25 points, while the S&P 500 and Nasdaq Composite were lower.

The Dow Jones Industrial Average gained 49 points, or 0.1%, as of 9:35 a.m. Eastern time on Monday.

U.S. futures for the S&P 500, Dow Jones Industrial Average, and Nasdaq fell on Monday as bond market pressure weighed on investor sentiment.

U.S. stocks drifted lower on Monday with the S&P 500 slipping 0.2% and the Nasdaq composite falling 0.5%, though the Dow Jones Industrial Average edged up by 67 points.