WALL STREET RISES AS 10-YEAR TREASURY YIELD RETREATS BELOW 5%
U.S. stocks reversed course to rise on Monday as bond yields pulled back after hitting the crucial 5% mark earlier in the session, while investors awaited earnings from the world's largest technology companies and key economic data. The benchmark S&P 500 index (.SPX) bounced above 4200, a key technical level, after falling almost a percent during the open. The yield on the 10-year note touched the July 2007 milestone that it briefly attempted to scale last week, but retreated to 4.8629%, down 6 basis points.
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