On Monday, U.S. stocks closed slightly higher despite rallying Treasury yields. The Dow Jones Industrial Average added 16.08 points (+0.05%) to 32,915, the S&P 500 gained 12.89 points (+0.31%) to 4,121, and the Nasdaq 100 was up 51.60 points (+0.41%) to 12,599.
The U.S. 10-year Treasury yield jumped 10.5 basis points to 3.038%.
The automobiles (+1.47%), retailing (+1.21%) and insurance (+1.13%) sectors gained the most, while the food & staples retailing (-0.43%), commercial & professional services (-0.33%) and real estate (-0.29%) sectors lagged behind.
Chinese ride-hailing giant DiDi Global (DIDI) soared 24.32% after the Wall Street Journal reported that China might conclude a cyber-security probe against the company as soon as this week.
Amazon.com (AMZN) rose 1.99% following a 20-for-1 stock split.
Enphase Energy (ENPH) jumped 5.41%, while First Solar (FSLR) fell 3.92%, after President Joe Biden took actions to boost the U.S. solar industry.
Meanwhile, Tesla (TSLA) rebounded 1.60%, Alphabet (GOOGL) gained 1.99%, Meta Platforms (FB) increased 1.82%, Marathon Petroleum (MPC) climbed 3.57%, and Etsy (ETSY) was up 3.52%,
European stocks closed higher. The DAX 40 rose 1.34%, the CAC 40 climbed 0.98%, and the FTSE 100 was up 1.00%.
U.S. WTI crude futures settled flat at $118.76 a barrel.
Gold retreated $9 to $1,842 an ounce.