The S&P 500 ticked higher today after the 10-year Treasury note hit its highest level in 16 years. Elsewhere, the iShares 20+ Year Treasury Bond ETF (TLT) closed at its lowest level since 2011. The Nasdaq edged higher as well after several Big Tech firms popped following Amazon.com's (AMZN) new investment, while the Dow snapped a four-day losing streak.

Crude Futures Tumble

Oil futures took a step back Monday, amid news that Russia relaxed its fuel export ban amid a tightening supply picture and unknown demand outlook. Crude for November delivery fell 35 cents, or 0.3%, to settle at $89.68 per barrel.

Gold futures fell as well, while investors fretted over the Federal Reserve's higher-for-longer stance on interest rates. December-dated gold dropped $9, or 0.6% to close at $1,936.60 an ounce on the day.

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