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Home » US STOCKS-S&P 500 edges up, helped by energy as investor eye rate outlook

US STOCKS-S&P 500 edges up, helped by energy as investor eye rate outlook

    The S&P 500 rose modestly on Monday, helped by Amazon.com shares and the energy sector, as Treasury yields increased and investors looked to economic data and Federal Reserve policymakers' remarks later in the week for clarity on the path for interest rates. Stocks rebounded after the S&P 500 last week posted its biggest weekly drop since March. There is a "tug of war between investors seemingly getting more concerned about 'higher for longer' … and bulls wondering maybe we have seen the correction and we can start to build from these levels higher," said Chuck Carlson, chief executive officer at Horizon Investment Services.

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