NEW YORK (AP) — U.S. stocks ticked higher Monday as Wall Street keeps wrestling with whether the economy will successfully avoid a recession amid rising interest rates and high inflation. The S&P edged up 0.3% and the Nasdaq rose 0.4%. Both started the day with even bigger gains, following up on strength across European and Asian markets after China relaxed some tough anti-COVID measures. But stocks fell back a bit as Treasury yields continued to climb, putting downward pressure on stocks. The yield on the 10-year Treasury, which helps set interest rates on mortgages and other loans, jumped back above 3%.
Small gains on Wall Street
