US benchmark equity indexes were higher ahead of Tuesday's close, shrugging off trade concerns after China announced a series of retaliatory tariffs against the US.

The Nasdaq Composite was up 1.2% at 19,631.9, while the S&P 500 rose 0.7% to 6,036.8. The Dow Jones Industrial Average added 0.3% to 44,553.8. Among sectors, energy paced the gainers, while utilities saw the biggest drop.

China will impose additional tariffs of 15% on coal and liquefied natural gas imports from the US and 10% higher duties on items including American crude oil and agricultural machinery, effective Feb. 10, China's finance ministry said Tuesday.

Google parent Alphabet (GOOG, GOOGL) is scheduled to report results after the closing bell, along with other companies including Advanced Micro Devices (AMD), Amgen (AMGN) and Chipotle Mexican Grill (CMG).

The US two-year yield was down 5.3 basis points at 4.21%, while the 10-year rate dropped three basis points to 4.51%.

West Texas Intermediate crude oil was down 0.9% at $72.5 a barrel.