Stock Market Today: Stocks Finish Mixed as Treasury Yields Stabilize

Stocks started the day in the red as the 10-year Treasury yield topped 5%, but finished well off their session lows.

blue stock market chart with red and teal bars and green moving average
(Image credit: Getty Images)

All eyes were on government bonds Monday as the 10-year Treasury yield topped the 5% level for the first time since mid-2007. This sent stocks lower at the open, though the main indexes were in positive territory by lunchtime as yields on Treasury bonds pulled back.  

Shortly after the opening bell rang, the major indexes were down between 0.7% and 1.0%, though all three ended the day well off their session lows as the 10-year Treasury yield fell back below 5%. The Nasdaq Composite outperformed its peersk, adding 0.3% to 13,018. The S&P 500 (-0.2% at 4,217) and the Dow Jones Industrial Average (-0.6% at 32,936) finished with modest losses.

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.