U.S. stock exchanges closed on the plus side on Monday

The US stock indices finished Monday in the positive territory, which was contributed by a decline in government bond yields. The Dow Jones added 0.32%, S&P500 -0.7%, NASDAQ - 1.23%. By now treasury yields have fallen after a period of strong growth during which they reached their highest level in more than a year. This period hit the stock market earlier on as investors switched to government bonds as they carry less risk as they are guaranteed by the government. The decline in their yields, on the other hand, is helping equities to become more competitive. It is worth noting that last week US indices set new records. On Monday, indices were also pushed up by rumors that a $3 trillion infrastructure package is being prepared in the US. However, the White House did not The White House, however, did not confirm the information, calling it premature.