Tech stocks edge higher as bond yields remain elevated: AlphaCheck

Good morning. Stocks were mixed on Monday as long-dated bonds remained elevated and Brent crude oil futures ( BZ=F ) stayed above $100 per barrel.

The 10-year Treasury ( ^TNX ) yield, used as a benchmark for mortgages and other loans, rose to 5.30%. Meanwhile, the 2-year Treasury hovered at 4.82%.

A softer-than-expected inflation print and a weak September jobs report released last week have raised expectations that the Federal Reserve will hold interest rates steady this month.

Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data .

Tech (XLK ) stocks edged higher as AI chip giant Nvidia ( NVDA ) hovered near a record high. Software maker Microsoft ( MSFT ) gained 2%.

Bitcoin ( BTC-USD ) rose to trade just below $86,000 per token.

Here are some other notable stocks that Yahoo Finance readers are viewing this morning: Intel ( INTC ), AMD ( AMD ), and SpaceX ( SPCX ).