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Stocks Pare Gains on Tech Weakness; Bonds Retreat: Markets Wrap

(Bloomberg) -- Gains in financial shares lifted US stocks, while Treasuries retreated as fears of broader contagion from the banking turmoil eased. Tech shares slumped after last week’s rally. The S&P 500 rose on Monday, with financial firms in the index up more than 1%. Energy producers also advanced. The tech-heavy Nasdaq 100 ended the session 0.7% lower capping a two-week advance. The two-year Treasury yield headed topped 4%. A gauge of regional lenders climbed roughly 2.5% as First Citizen...
United Kingdom New York United States Joe Gilbert Isabelle Lee Vildana Hajric

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