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Market Snapshot: U.S. stock market gains wane but hold higher as 10-year Treasury slides to 1.15%



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U.S. stock indexes were trading higher Monday but were off the best levels of the sessions, as persistent concerns about the spread of the COVID-19’s delta variant created an air pocket in what has been an otherwise bullish day for equity markets to start August. Investors also eyed progress on an infrastructure bill, merger activity and a sign that central-bank stimulus may continue.

What are major indexes doing?
The Dow Jones Industrial Average
DJIA,
+0.04%
rose 38 points, or 0.1%, to 34,973, after touching an intraday high at 35,192.11.

The S&P 500 index
SPX,
+0.07%
traded up 6 points, or 0.1%, to 4,400, but had touched a …

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