US stocks were mixed Monday and the S&P 500 eked out a record high for the sixth day in a row as investors digested the announcement of a trade deal between Washington and Brussels.

Trump's trade deals with the EU and Japan pave the way for the stock market to end with it's third straight annual gain of more than 20%, Oppenheimer said.

A rally in stocks toward all-time highs lost steam as Wall Street traders waded through economic data and corporate earnings ahead of the Federal Reserve decision. The dollar hit the strongest level in five weeks.