U.S. stocks wobbled in early trading Monday, bond yields rose and oil hit its highest level in nearly three years, as investors bet on further economic reopening, but remained concerned about supply-chain disruptions.
The S&P 500 edged down 0.2%, suggesting the broad-market index is set to end its three-day rise. The Dow Jones Industrial Average was relatively flat, up 40 points, while the tech-heavy Nasdaq Composite Index fell 0.6%.