Apple (AAPL) Pushes Back to Highs Following Buffett's Blessing

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Wall Street rises as concerns over interest rates ease

February 26, 2018 7:56 AM EST

By April Joyner

NEW YORK (Reuters) - U.S. stocks rose to more than three-week highs on Monday, recovering much of the losses sustained in a sell-off earlier this month, as a decline in Treasury yields assuaged investor concerns about rising interest rates and refocused attention on economic growth.

All three major indexes rose more than 1 percent. The S&P 500 is now just 3.2 percent below its peak on Jan. 26. The CBOE Volatility Index also dipped slightly to 15.8, though it remains above levels seen before the S&P's peak.

The U.S. 10-year Treasury note yield eased to... More