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- US stocks gained ground Monday, putting the S&P 500 on track for a third straight straight win.
- The 10-year Treasury yield eased after rising above 4% last week for the first time since November.
- Jerome Powell will appear on Capitol Hill on Tuesday, and the monthly jobs report is due Friday.
Stocks rose Monday, finding support from a pullback in Treasury yields, before investors hear from Federal Reserve Chairman Jerome Powell on Tuesday.
The S&P 500 on a course for a third consecutive advance. Gainers included Apple after Goldman Sachs reportedly recommended buying shares of the tech behemoth. The S&P 500 alongside the Nasdaq Composite and the Dow Jones Industrial Average finished higher last week.