US stocks gained on Monday as investors digested rising bond yields, eurozone economic uncertainty, and the upcoming earnings season, starting a relatively quiet week.
The Dow Jones Industrial Average (^DJI) added 0.2%. The S&P 500 (^GSPC) rose 0.7%. The tech-heavy Nasdaq Composite (^IXIC) also posted a new record, gaining 1%. AI chip heavyweight Nvidia (NVDA) also hit an all-time high.
The 10-year Treasury yield (^TNX) rose 3 basis points to 5.31%, hovering near its highest levels since 2002, but stocks extended a Friday rally on pared-back Fed rate-hike bets.
Grace O’Donnell, David Hollerith and Ines Ferré | Yahoo Finance