Wall Street was able to pare some of this afternoon's losses, though the Nasdaq turned in a triple-digit loss today as the tech sector continues to struggle against inflation-fighting interest rate hikes. The Dow added a modest 26 points for its second-straight win, while the S&P 500 finished just below breakeven in the final minutes of trading. The energy sector helped inject optimism into the market today after investors bet on China's post-lockdown recovery.  

The Dow Jones Average (DJI - 32,223.42) popped 26.8 points, or 0.08% today. More than half of the Dow's members turned in a win, with Chevron (CVX) leading the pack after adding 3.1%. Boeing (BA) paced the laggards, shedding 2.5%.

The S&P 500 Index (SPX - 4,008.01) shed 15.9 points, or 0.4% for the day, while the Nasdaq Composite (IXIC - 11,662.79) erased 142.2 points, or 1.2% for the session. 

Lastly, the Cboe Market Volatility Index (VIX - 27.47) lost 1.4 points or 4.9%.

GASOLINE CONTINUES TO PUSH TOWARD RECORD HIGHS

Oil prices turned higher on Monday, as tight supplies continue to pull gasoline to push further toward record highs. For today's session, June-dated crude jumped $3.71, or 3.4%, to settle at $114.20 per barrel

Gold prices rose to begin the week as well, bringing an end to a two-day skid that saw the yellow metal briefly dip below $1,800 an ounce. In response to an easing U.S. dollar and retreating 10-year Treasury rate, June-dated gold added a modest $5.80, or 0.3%, to settle at $1,814.00 an ounce.