US Stocks Mixed, Treasury Yields Soar To More Than A Decade High: What’s Driving Markets Monday?

On Monday, U.S. stocks made a cautious attempt at bouncing back following three consecutive weeks of losses. The upward momentum seems uncertain, and the recent increases in Treasury yields are posing challenges for the market bulls. The 10-year Treasury yield reached 4.35%, reaching its highest level since October 2007. NVIDIA Corp. (NASDAQ:NVDA) stood out as a positive exception, moving higher by 5%. This boost was attributed to analysts revising their price targets in a positive direction and investors eagerly awaiting the earnings report set for Wednesday. With a relatively quiet week in t…

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