Stock Market Today: Stocks Struggle, But Energy Keeps Charging Ahead
Wall Street started the week on a shaky note as the 10-year Treasury yield hit its highest point in more than three years, but stocks' difficulties were limited to mild declines.
Monday's session saw the yield on the 10-year T-note climb to as high as 2.884% – a rate last seen in December 2018 – before easing a hair, to 2.866%. That spooked equity traders early, though BlackRock Investment Institute strategists say stock prices have already priced in rapid rate hikes by the Federal
