Stocks Mostly Ease as Yields Rise; Investors Weigh Rate Cut Outlook

GLOBAL MARKET - NEW YORK. Stock indexes mostly dipped on Monday, while U.S. Treasury 10-year yields touched 14-month highs as a resilient US economy and persistent inflation prompted investors to weigh the possibility that the Federal Reserve may pause its easing cycle.

The U.S. dollar index hit its highest level in more than two years. The Nasdaq fell, while the benchmark S&P 500 bounced off a two-month low to finish with a slight gain.