Some highlights from the day's business news:
U.S. stocks rose Monday as commodity prices regained ground, overshadowing worries about the fiscal crisis in Greece that hung over the market.
The Dow Jones industrial average rose 46 points, or 0.3%, to 12,684. The S&P 500 gained 6 points, or 0.5%, to 1,346. The Nasdaq Composite advanced 15 points, or 0.5%, to 2,843.
After a sharp sell-off last week, commodities rebounded Monday. Oil jumped 5% to above $102 a barrel. Silver prices gained 6% and gold rose over 1%.
Shares of Alcoa, Caterpillar and Chevron were among the top performers on the Dow. McDonald's rose nearly 1% after the fast-food chain said sales rose 6% in April. But the blue-chip average was hobbled by shares of Intel, which fell nearly 2%. Bank of America and JPMorgan were also weak.
Treasuries: No big bets ahead of auctions
The tug of war between the economic recovery and inflation kept bond traders sidelined Monday, as they waited for $72 billion of auctions this week.
The yield on the benchmark 10-year Treasury note held steady at 3.15%. It wasn't that long ago that the yield was closer to 4%.
In fact, just a couple of weeks ago, the 10-year yield was hovering around 3.6%, as investors fear that higher gas prices will result in broad-based inflation and slow economic growth.
Some experts don't think inflation is really a major threat. But there is underlying uncertainty about what will happen to the Treasury market once the Federal Reserve ends its $600 billion bond-buying program, known as QE2, in June.
Since Treasuries are considered a safe-haven in times of economic uncertainty, both camps have pushed up demand for U.S. bonds and sent yields lower recently.
- CNNMoney.com writers Ben Rooney and Annalyn Censky contributed to this report.