Investment banking fees far exceeded analysts' expectations.
Initial early gains following the June data were reversed as pass-through effects from tariffs stoke concerns.
Kevin Warsh, who sat as a governor for five years spanning the 2008 financial crisis, has since become a frequent critic of the central bank.
Firm has been given assurances to resume some AI chip sales in China.
Inflation data is due at 8.30am ET Tuesday.
Investment manager sees strong gains for ETFs.
Risk level in investor portfolios is the highest ever on a three-month basis.
In an ironic twist, an analysis of regulatory filings suggests the Jack Bogle-founded firm is supporting the very "immature asset class" it's questioned in the past.
The proposed $120 million settlement would close the book on a legal challenge alleging the Wall Street banks failed to disclose crucial conflicts of interest to investors.
Markets are also awaiting economic data for tariff impact signals.