Stocks traded mixed on Monday, with technology stocks under more pressure as investors weighed the risks that higher inflation during the pandemic recovery might weigh on high-growth names.
The Dow added more than 150 points, or 0.5%, to reach a new all-time high shortly after the opening bell. The Nasdaq dipped, reversing some of Friday’s gains. The S&P 500 was little changed.
Treasury yields were roughly unchanged across the long end of the curve, with the benchmark 10-year yield hovering…
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