recession fears: The S&P 500 index SPX, -1.32% gained 5.84 points, or 0.2%, to 2,788.86 and the Nasdaq Composite Index COMP, -1.51% climbed 20.41 points, or 0.3%, to 7,567.72, according to Market Watch. What drove the market Treasury prices retreated with yields edging back up. How did the major benchmarks fare The Dow Jones Industrial Average DJIA, -1.41% rose 43.47 points, or 0.2%, to close at 25,169.88. The yield on the 10-year note TMUBMUSD10Y, 0.00% rose 3 basis points to 2.266%. A recent rally in government bonds deepened the inversion of the yield curve, with the rate on the 10-year note sinking further below the yield on the 3-month T-bill TMUBMUSD03M, 0.00% stoking recession fears. Read Here's why stock-market investors should worry about the slump in Treasury yields The bounce in stocks came despite a lack of apparent progress on the U.S.-China tariff dispute. Yields move in the opposite direction of bond prices.
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