Here are the top 5 things to know for today’s trading day:

 

1. 100 days’ negotiations

The Trump administration has agreed to hold high-level trade negotiations with Beijing over the next 100 days.

That's the major takeaway from President Trump's first meeting with his Chinese counterpart Xi Jinping, held late last week at Trump's Mar-a-Lago estate.

Investors had been closely watching the meeting for signs of disagreements over trade. The talks, which were overshadowed by Trump's launch of an strike against a Syrian government target, did not yield any concrete accomplishments beyond pledges of increased cooperation and new frameworks for dialogue.

 

2. Barclays under investigation

Barclays said Monday that CEO Jes Staley is under investigation by the Financial Conduct Authority and the Bank of England's Prudential Regulation Authority after he tried to identify a whistleblower last year.

The bank said Staley will be formally reprimanded and have his pay cut.

Barclays (BCS) shares opened 1% lower in London, but recovered some losses in morning trading.

 

3. Russia hurting

Russian markets tanked again Monday after U.S. military action in Syria late last week dashed hopes for a better relationship between Washington and Moscow.

Micex, the benchmark Moscow index, was down 1.8% Monday morning, while the ruble was down 0.2% against the dollar.

Russia has denounced the strike on a Syrian government target. It now looks unlikely that the U.S. would be willing to remove its sanctions on Russia any time soon.

 

4. Global market overview

U.S. stock futures edged higher Monday.

European markets opened lower, while Asian markets ended the session mostly down.

U.S. oil futures are up 0.5%.

Federal Reserve chair Janet Yellen is expected to deliver a speech at 21:00 GMT.

 

5. Dollar steady at 3-weeks high

The dollar was at 3-week highs against a basket of the other major currencies on Monday as investors remained focused on the Federal Reserve’s plans to tighten monetary policy, though geopolitical concerns tempered gains.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was at 101.14 after touching an overnight high of 101.22, the most since March 15.

Demand for the greenback continued to be underpinned after New York Fed President William Dudley said on Friday that plans to trim the Fed’s balance sheet later this year would prompt only a "little pause" in its rate hike plans.