Stocks rose and Treasuries fell as a lull in the trade war gave investors room to focus on the start of the earnings season.

The S&P 500 Index gained for a fourth day, the longest streak since the beginning of June, with volume 15 percent lower than the 30-day average. PepsiCo Inc. jumped more than 3 percent after reporting better-than-forecast profit, while banks fell ahead of JPMorgan Chase & Co. and Citigroup Inc. results Friday. The Russell 2000 Index declined, ending a five-day rally.

The dollar fell as the euro pared earlier losses. Treasury yields advanced for a second session and West Texas crude held at around $74 a barrel.

“The last couple days people have said, ‘well, the tariffs went into effect on Friday, the world didn’t end,’” JP Gravitt, chief executive officer and market strategist for Market Realist, said in an interview at Bloomberg’s New York headquarters. “Stocks are directionless, they just want the numbers. They need the numbers right now because there’s a lot of stuff out there that we don’t know.”

With fewer trade-war headlines rattling markets since Friday’s imposition of U.S. and Chinese tariffs, investors turn their attention to earnings season in the hope that strong results can complement a recent run of positive economic data.

Elsewhere, a basket of emerging-market currencies gained, while Turkey’s lira climbed after yesterday’s end-of-day tumble as traders came to terms with President Recep Tayyip Erdogan latest power grab.

Terminal users can read more in Bloomberg’s Markets Live blog.

These are some events to look out for this week:

• Earnings season gets going with JPMorgan and Citigroup among the largest companies due to give results, as well as India’s Infosys Ltd.
• The most noteworthy U.S. data may be the June inflation report on Thursday, which consensus expects will show both headline and core price growth picking up. There’s another deluge of Treasury debt sales too, with a total $156 billion of notes and bills offered.
• Chinese trade data due at the end of the week will probably show slightly slower export growth, after early indicators pointed to softer overseas demand and weaker export orders, Bloomberg Economics said.

Here are the main market moves:

Stocks

• The S&P 500 Index climbed 0.3 percent as of 3:01 p.m. New York time.
• The Russell 2000 Index fell 0.6 percent.
• The Stoxx Europe 600 Index rose 0.4 percent.
• The MSCI All-Country World Index gained 0.2 percent.
• The MSCI Emerging Market Index advanced 0.2 percent.

Currencies

• The Bloomberg Dollar Spot Index dropped 0.1 percent.
• The euro fell 0.1 percent to $1.1745.
• The British pound was little changed at $1.3264.
• The Japanese yen sank 0.4 percent to 111.28 per dollar.

Bonds

• The yield on 10-year Treasuries rose less than one basis point to 2.86 percent.
• Germany’s 10-year yield gained two basis points to 0.32 percent.
• Britain’s 10-year yield advanced five basis points to 1.302 percent.

Commodities

• The Bloomberg Commodity Index fell 0.4 percent.
• West Texas Intermediate crude rose 0.2 percent to $74.03 a barrel.
• Gold declined 0.2 percent to $1,255.29 an ounce.