Commodities
Stocks Surge as Oil Prices and Bond Yields Ease
U.S. stocks are rising across the board on Monday after oil prices and bond yields eased, giving markets a boost.
The S&P 500 index rose by 1.4% and pulled within 0.5% of its all-time high set last month, while the Dow Jones Industrial Average was up 303 points, or 0.6%, as of 1:48 p.m. Eastern time.
The Nasdaq composite also saw a significant gain, rising by 2.1%. The market's upward trend is seen as a positive sign for investors, with many hoping that the easing of oil prices and bond yields will continue to support the market's growth.