US Treasury yields increased following the survey, leading to the decline of technology and growth stocks, while a slate of Fed speakers this week voiced support for another 25-basis-point rate hike.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500