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Stock Market Today: Dow ends higher, but rising Treasury yields keep lid on gains By Investing.com

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AuthorYasin EbrahimStock Markets38&nbsp;US500+0.18%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseDJI+0.10%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseDIS-1.23%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseWYNN+2.57%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseIXIC+0.30%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseDHI-0.96%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseOXY-2.00%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseTSLA-0.31%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseInvesting.com -- The Dow closed slightly higher Monday as a resurgence in Treasury yields kept upside momentum in check ahead of remarks from Fed officials and a slew of corporate earnings due this week.&nbsp; &nbsp;At 16:00 ET (21:00 GMT), the was up 34 points or 0.10%, while the was up 0.20% and the was up 0.3%.Treasury yields rebounded from the recent selloff, with the yield on the rising 11 basis points to 4.664%, as investors looked ahead to a number of Fed speakers this week,&nbsp;including two appearances by Chair - the second of which on Thursday includes a Q&amp;A session.&nbsp;Federal Reserve Governor Lisa Cook said on Monday that an expectation of higher for longer interest rates doesn't "appear to be causing the increase in longer-term rates."The remarks followed a weaker-than-expected October jobs report on Friday that stoked expectations that the Fed is rate hike cycle is nearing end and shifted focus to potential rate cuts next year.Fed fund futures imply around an 85% chance the Federal Reserve is done with its hiking cycle, and an 80% chance it will start cutting in June.Regional banks included Zions Bancorporation (NASDAQ:), (NYSE:), and (NASDAQ:) fell on Monday as bank lending conditions tightened in Q3, slowing demand for loans, the Fed's Q3 senior loan officer survey showed Monday.&nbsp; &nbsp;The survey resumed concerns somewhat about the health of regional banks following quarterly results from several regional lenders showing rising loan loss provisions and falling deposits.&nbsp;"High short-term interest rates have driven up interest expense and pressured margins, while higher long-term rates erode asset values," Morgan Stanley said, though added&nbsp;that the "credit flow to high-quality borrowers through the bond market remains stable."The earnings season is starting to wind down, with 80% of the S&amp;P 500 companies having already reported their quarterly financial results.&nbsp;However, there are still a number of key companies that will provide updates this week, including Walt (NYSE:), Wynn Resorts (NASDAQ:), Occidental Petroleum (NYSE:) and D.R. Horton (BVMF:).Tesla (NASDAQ:) was flat after giving up intraday gains even as the&nbsp;electric vehicle manufacturer is preparing to launch a new EV model at its Berlin plant with a targeted price of €25,000 ($26,813) considerably cheaper than the currently available options in Germany, Reuters reported Monday, citing sources.&nbsp;&nbsp;Oil prices rose Monday, rebounding after last week’s hefty losses, with traders encouraged by the prospect of tighter supplies, while keeping an eye on events in the Middle East.Major suppliers Saudi Arabia and Russia confirmed over the weekend that they will maintain their ongoing supply reductions until the end of the year, heralding tighter oil markets.Both benchmarks slumped about 6% last week as the geopolitical risk premium faded, with the Israel-Hamas war failing, so far, to escalate into a wider conflict in the Middle East.(Liz Moyer, Peter Nurse, and Oliver Gray contributed to this story.)Stock Market Today: Dow ends higher, but rising Treasury yields keep lid on gains38Comments (38)38Add a CommentComment Guidelines&nbsp;I have read Investing.com's comments guidelines and agree to the terms described.I AgreeWrite your thoughts hereAre you sure you want to delete this chart?Delete Cancel&nbsp;PostReplace the attached chart with a new chart ?Replace CancelComment GuidelinesShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveBlock UserReplyShareFollow this postUnfollow this postSaveReplyAre you sure you want to delete this chart?Delete Cancel&nbsp;PostReplace the attached chart with a new chart ?Replace CancelComment GuidelinesAdd Chart to CommentCancelAttachConfirm BlockAre you sure you want to block %USER_NAME%?By doing so, you and %USER_NAME% will not be able to seeany of each other's Investing.com's posts.%USER_NAME% was successfully added to your Block ListSince you’ve just unblocked this person, you must wait 48 hours before renewing the block.Confirm Block CancelOkReport this commentI feel that this comment is:SpamOffensiveSubmitComment flaggedThank You!Your report has been sent to our moderators for reviewCloseTabs SelectionIndicesCommoditiesBondsStocksCryptoForexETFsApply&nbsp;US 3034,047.2-48.7-0.14%&nbsp;&nbsp;US 5004,359.1-6.9-0.16%&nbsp;&nbsp;Dow Jones34,095.86+34.54+0.10%&nbsp;&nbsp;S&amp;P 5004,365.98+7.64+0.18%&nbsp;&nbsp;Nasdaq13,518.78+40.50+0.30%&nbsp;&nbsp;S&amp;P 500 VIX14.89-0.02-0.13%&nbsp;&nbsp;Dollar Index105.115+0.256+0.24%&nbsp;&nbsp;Crude Oil WTI80.83+0.01+0.01%&nbsp;&nbsp;Brent Oil85.21+0.32+0.38%&nbsp;&nbsp;Natural Gas3.287+0.012+0.37%&nbsp;&nbsp;Gold1,983.05-5.55-0.28%&nbsp;&nbsp;Silver23.055-0.179-0.77%&nbsp;&nbsp;Copper3.7103-0.0025-0.07%&nbsp;&nbsp;US Soybeans1,362.50+10.50+0.78%&nbsp;&nbsp;U.S. 10Y4.634-0.032-0.69%&nbsp;&nbsp;U.S. 30Y4.797-0.034-0.71%&nbsp;&nbsp;U.S. 5Y4.575-0.034-0.73%&nbsp;&nbsp;U.S. 3M5.450+0.024+0.44%&nbsp;&nbsp;US 10Y T-Note107.81+0.22+0.20%&nbsp;&nbsp;Euro Bund129.63+0.10+0.08%&nbsp;&nbsp;10-2 Yield Spread-27.05+6.61+-19.64%&nbsp;&nbsp;Apple179.23+2.58+1.46%&nbsp;&nbsp;Alphabet A130.25+1.15+0.89%&nbsp;&nbsp;Tesla219.27-0.69-0.31%&nbsp;&nbsp;Amazon.com139.74+1.14+0.82%&nbsp;&nbsp;Netflix434.74+2.38+0.55%&nbsp;&nbsp;Meta Platforms315.80+1.20+0.38%&nbsp;&nbsp;Bank of America28.33-0.09-0.32%&nbsp;Most Popular ArticlesStock Market Today: Dow ends higher, but rising Treasury yields keep...Oil prices rise as producers confirm output cuts; China data deluge...Dow Jones, Nasdaq, S&amp;P 500 weekly preview: Fed sparks a massive rallyWall St extends winning streak; eyes Fed speakers, Treasury auctionsBuffett sells BYD shares; a 51% WeWork bid: Insider trades &amp; hedge...More News&nbsp;1 Stock to Buy, 1 Stock to Sell This Week: Uber, DisneyBerkshire Hathaway Reports Increased Liquidity: Buffett Gearing Up for...Build a Recession-Proof Portfolio With the 'I Dream of Dividends'...Risk-On Sentiment Sends US Dollar Lower: Is Euro Parity Slipping Away?Russell 2000 Eyes 200-DMA Test; S&amp;P 500, Nasdaq Back Above Rising...More Analysis&nbsp;Sign up with Email

AuthorYasin EbrahimStock Markets38&nbsp;US500+0.18%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseDJI+0.10%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseDIS-1.23%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseWYNN+2.57%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseIXIC+0.30%Add to WatchlistAdd PositionPosition added successfully to:&nbsp;+ Add another positionCloseDHI-0.96%Add to WatchlistAdd PositionPosition...

Stock Market Today: Dow ends higher, but rising Treasury yields keep lid on gains By Investing.com

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