Wall Street rallies within 0.4% of its record after oil prices and bond yields ease
Wall Street climbed to the edge of its all-time high on Monday, and stocks rallied worldwide after oil prices and yields in the bond market surrendered their market-rattling gains from last week.
TL;DR
- Wall Street approached its all-time high on Monday.
- Stocks rallied globally.
- The rally occurred after oil prices and bond yields decreased.
- Previous gains in oil prices and bond yields had been market-rattling.