U.S. stocks rose to a three-week high, as renewed gains in Treasuries that pushed yields further below 2.9 percent alleviated angst that higher rates would accelerate fiscal tightening. The dollar strengthened.
The S&P 500 Index climbed for a third day, joining gains in European and Asian equities. Volume was low as investors await the first public comments from Federal Reserve Chairman Jerome Powell on Tuesday. The 10-year yield slipped below 2.85 percent, a two-week low. Gold climbed with oil. The S&P 500 was up 0.6 as of 12:02 p.m. in New York, its highest in almost a month.
Source : Bloomberg