The dollar was steady at the start of the trading week and stocks opened mixed as investors weighed uncertainty over the timing of a stimulus package from Washington and looked ahead to this week's expected review of the U.S.-China trade pact. Oil climbed.

S&P 500 futures dipped modestly, while equities in South Korea and Australia nudged higher. Japan and Singapore are shut for holidays and Treasuries won't trade until the London open. Gold slipped. Crude advanced as Saudi Arabia's state-controlled producer said it expects energy demand to pick up.

• U.S. President Donald Trump signed four executive orders related to economic relief, including unemployment benefits, a temporary payroll tax deferral, eviction protection and student-loan relief. Treasury Secretary Steven Mnuchin said he'd listen to any proposal offered by Democrats and Nancy Pelosi said she hopes talks with the White House will resume soon.
  

• Asia Pacific markets rose in early trade on Monday, despite the heightened U.S.-China tensions in recent weeks. 
  

Here's a look at asset classes returns year to date:

Here's a look at U.S. equity size and style total returns year to date:

Weekly market recap

Stocks extended the previous week's gains, while the $NASDAQ COMPOSITE(.IXIC.US)$ set another record on better-than-expected economic data and improved trends. Business activity for the services sectors expanded, and the U.S. economy added 1.76 million jobs in July, beating estimates. The continuing, yet moderating, gains in employment show that the recovery in the labor market and the economy is on track, but there is still a long road ahead.

This week in focus

Here's the most anticipated earnings releases for the week ahead:

• Most anticipated earnings are around the corner.

$Royal Caribbean Cruises Ltd(RCL.US)$, $NIO Inc.(NIO.US)$, $Jumia Technologies AG(JMIA.US)$ and $Baidu Inc(BIDU.US)$ are among the companies slated to release their latest quarterly figures this week.

• Trump's ban of Chinese apps has lots of precedent in other countries, and Apple and Google comply

President Donald Trump issued an executive order on Thursday ordering U.S. firms to stop doing business with popular Chinese apps TikTok, owned by ByteDance, and WeChat, owned by Tencent. 

This comes after Secretary of State said earlier in the week that he was calling on American app stores — which are dominated by Apple and Google— to remove「untrusted」 Chinese apps.

With parent companies based in China, apps like TikTok, WeChat, and others, are significant threats to personal data of American citizens, not to mention tools for CCP content and censorship.

-Secretary of State

It's unclear how the companies plan to implement the Trump administration's executive order, which becomes effective on Sept. 20,or the State Department program. Representatives for Apple and Google didn't respond to requests for comment.

But both companies have removed plenty of apps in response to foreign government requests. It may be unprecedented for the U.S. to ban apps on a national level, but other governments do it all the time.

Here's a list of economic events for the week ahead:

Especially for readers preferring Chinese: 

*Weekly US Market Recap and Outlook by 8/10.

*Weekly Market Calendar for 8/10-8/14.