NEW YORK — Stocks wavered in afternoon trading on Wall Street Monday as investors face another busy week of corporate earnings reports and economic updates.
The yield on the 10-year Treasury, which influences mortgage rates, fell to 2.61% from 2.65% late Friday. A surge in oil prices throughout the year only worsened the impact from inflation. U.S. crude oil prices are up roughly 25% in 2022 and that has raised gasoline prices in the U.S. to record levels.
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