The economic data didn’t get any better on Monday, but the stock market was rising anyway.
The S&P 500 was up 0.3%, while the Dow was up 182 points, or 0.4%. The Nasdaq Composite was down 0.2%. Only 81 S&P 500 stocks were falling, while the Invesco S&P 500 Equal Weight ETF was up 0.9%.
The yield on the 2-year Treasury note rose to 4.05%, but the 10-year yield was down to 4.3%.
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