What is causing markets to fluctuate on Monday? US stocks show a mixture of performance while Treasury yields surge to levels not seen in over a decade.

U.S. stocks attempted a cautious rebound on Monday after three weeks of losses. However, the market’s upward momentum is uncertain due to challenges posed by the recent increase in Treasury yields. The 10-year Treasury yield reached its highest level since October 2007 at 4.35%. NVIDIA Corp. stood out with a 5% increase attributed to positive revisions in price targets by analysts and anticipation for the upcoming earnings report. The focus for the week is on the Federal Reserve’s Jackson Hole Symposium, where Federal Reserve Chair Jerome Powell is expected to give a speech on Friday. The S&P 500 edged 0.1% higher, while the Dow Jones Industrial fell 0.4%. The Nasdaq 100 outperformed with a 1% increase, while small caps in the Russell 2000 index fell 0.6%.