New Delhi, July 8 -- US stock indices were mixed on Tuesday as investors awaited new trade developments after Trump administration slapped 25% tariffs on two Asian countries.

As of 9:56 AM Eastern time, the benchmark S&P 500 was up less than 0.1%, the Dow Jones Industrial Average was down 0.1%, and the Nasdaq Composite was 0.2% higher.

In the bond market, the yield on the 10-year Treasury rose to 4.43% from 4.39% late on Monday.

US President Donald Trump on Monday imposed 25% tax on goods imported from Japan and South Korea.

He also set new tariff rates on a dozen other nations, scheduled to go into effect on August 1.

The Trump administration posted letters on Truth Social, warning various countries to not retaliate by increasing th...