NEW YORK -- Global stocks were mixed Monday as markets monitored US Treasury yields and ongoing conflict in the Middle East, while awaiting key earnings and economic data later in the week.
That lifted the Nasdaq into positive territory at session's end, even as the Dow and S&P 500 both retreated. The rise in bond yields has worsened worries that Federal Reserve interest rates will stay higher for longer, denting the growth outlook. Markets are also keeping an eye on rising carnage in the Middle East where Israel has launched a bombing campaign following the October 7 Hamas attack on the country.
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