Wall Street posts gains as investors eye rate outlook

US stock market: Investors are grappling with the rise in benchmark Treasury yields to 16-year highs after the Fed gave a hawkish longer-term rate outlook. The S&P 500 rebounded on Monday after last week it had its biggest weekly drop since March.

Wall Street posts gains as investors eye rate
US stock market: Wall Street's main indexes posted gains on Monday, with increases in Amazon.com shares and the energy sector. Image: Reuters

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