"Stocks React to Rising Bond Yields: UnitedHealth Lifts Dow"

The S&P 500 and Nasdaq were largely unchanged as rising Treasury yields weighed on equities, while the Dow rose due to strong results from UnitedHealth. The 10-year government bond yield hit a five-month high following better-than-expected U.S. retail sales data, impacting market sentiment. Investors are awaiting speeches from Federal Reserve officials for insights into the central bank's policy stance. Rate-sensitive sectors suffered, with real estate and utilities declining, while companies like Morgan Stanley and Bank of America reported mixed first-quarter results. Tesla also faced challenges, shedding 2.2% after announcing layoffs.