The push and pull between bond yields and equities continued Monday, with stock gains kept in check by a drop in Treasuries that pushed a swath of rates above 3%.
The S&P 500 held onto a gain in a choppy session that saw the index climb as much as 1.5% before paring it back. Blue chips in the Dow Jones Industrial Average were little changed. Amazon.com Inc. rose after implementing a 20-for-1 stock split. Twitter Inc. fell after Elon Musk said he believes the company is breaching their merger agreement by not providing information about spam and fake accounts he demanded.