12:24 PM EDT, 08/12/2024 (MT Newswires) -- US equity indexes traded mixed and most government bond yields fell in choppy midday trading on Monday.

The Nasdaq Composite climbed 0.5% to 16,822.7, with the S&P 500 up 0.2% to 5,354.3. Both indexes were trading lower earlier in the session. The Dow Jones Industrial Average slipped 0.2% to 39,420.1. All sectors were in the red except energy and technology.

Most Treasury yields fell, with the 10-year down 2.7 basis points to 3.92% and the two-year rate 1.9 basis points lower at 4.03%.

In economic news, consumer expectations for one year of US inflation growth were unchanged in July, compared with a 3% gain in June, according to a survey released by the New York Federal Reserve Bank on Monday.

West Texas Intermediate crude oil advanced 2.5% to $78.73 a barrel.

In company news, KeyCorp ( KEY ) secured a $2.8 billion investment from the Bank of Nova Scotia ( BNS ) in return for a minority stake. KeyCorp ( KEY ) shares soared nearly 11% intraday, the top gainer on the S&P 500.