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• The Dow Jones Industrial Average .DJI fell 70.92 points, or 0.29 percent, to 24,538.06, the S&P 500 .SPX gained 13.58 points, or 0.51 percent, to 2,691.25 and the Nasdaq Composite .IXIC added 77.31 points, or 1.08 percent, to 7,257.87.

For the week, the S&P 500 dropped 2 percent, while the Dow was down 3 percent and the Nasdaq fell 1 percent. Wall Street had posted gains in the previous two weeks as it recovered from its steep early-February selloff.

The S&P 500 ended another turbulent week on an upbeat note Friday, but major indexes posted their worst week of losses since early February as President Donald Trump’s threat to impose import tariffs on steel and aluminum rattled investors.

The gains on Friday came as investors who had been spooked by the prospect of a global trade war backed off those concerns and noted a trade war was far from certain at this point.

• Asian markets edged lower and the euro slipped early on Monday. Meanwhile, Wall Street finished mostly higher in the last session as markets continued to focus on recently announced metals tariffs.

• Japan's Nikkei 225 edged down 0.56 percent in early trade amid the firmer yen.

Exporters were mostly lower in the morning, with automakers and technology names coming under pressure. Honda Motor and Toyota were down 1.28 percent and 0.36 percent, respectively. Sony shed 0.65 percent and Nintendo lost 1.11 percent.

• South Korea's benchmark Kospi slipped 0.23 percent. Technology names were mixed in early trade, with Samsung Electronics down 0.96 percent and SK Hynix edging up 0.65 percent.

• Parliamentary elections in Italy at the weekend look set to result in a hung parliament, according to an exit poll.

The exit poll by Rai state television on Sunday evening showed the anti-establishment Five Star Movement would be the largest single party, but a center-right bloc which features former Prime Minister Silvio Berlusconi's Forza Italia party would gain the most seats.

Reference: Reuters, CNBC