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Crude Oil Markets

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NEW YORK (AP) — Stocks finished a volatile day slightly higher on Monday after reversing a steep slide caused by uncertainty over inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine.

Stocks are off to a mixed start on Wall Street Friday as weakness in technology stocks again weighs on the broader market. The S&P 500 shrugged off an early decline and was up 0.1%. The Nasdaq rose 0.5%. Bond yields rose after traders interpreted the latest monthly jobs report as indicating more tightness in the labor market. The yield on the 10-year Treasury rose to 1.75% and briefly rose close to its highest level since the start of the pandemic. The yield is a benchmark for mortgage rates, which hit their highest level since May 2020 last week.

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