US stocks climbed on Monday as investors weighed the market impact of an assassination attempt on presidential candidate Donald Trump that overshadowed the return of earnings season. The Dow Jones Industrial Average rose about 0.7%, after the blue-chip gauge ended last week a few points away from a fresh all-time high. The S&P 500 added 0.4%, while those on the tech-heavy the Nasdaq Composite gained 0.5%.
Bets ramped up on a win in November's presidential election for the Republican front-runner, seen as likely to cut taxes, raise trade tariffs and ease up on regulation. The benchmark 10-year Treasury yield was up over 2 basis points to trade at around 4.2%, while the 30-year yield gained to steepen the yield curve. The dollar edged up and bitcoin surged to a two-week high above $62,830 amid the speculation around former President Trump.
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