Brendan McDermid/Reuters
- US stocks edged higher on Monday as investors tried to shake off the worst weekly sell-off of 2023.
- All three indexes ended the day in the green, recovering some losses after last week's PCE report.
- Bond yields ticked down. The 2-year Treasury yield last week touched its highest level since 2007.
US stocks rose on Monday, bouncing back after the worst weekly sell-off of 2023. All three indexes ended the day higher, recovering some of the losses after the Federal Reserve's preferred inflation measure came in higher than expectations on Friday.