Dow rises, tech shares drag down broader market as 10-year Treasury yield tops 1.5%; European stocks close mixed as investors digest German election results; Rolls-Royce up 11% 
U.S. stocks were split on Monday as traders braced for the final week of a volatile September and Treasury yields rose. 
The S&P 500 slipped by 0.1% and the Nasdaq Composite shed 0.4% as tech stocks struggled. The Dow Jones Industrial Average rose about 120 points as energy stocks and bank shares pushed higher. 
The divergence for the major averages came as Treasury yields rose. The 10-year Treasury yield increased on economic optimism and inflation fears, briefly topping 1.5% on Monday. That’s the highest since June and up from 1.30% at the end of August. 
The rise in yields appeared to boost financial stocks on Monday, with the KBW Bank Index climbing 2.9%. Shares of Goldman Sachs and JPMorgan Chase rose more than 2%, making them some of the best performers in the Dow. 
Another bright spot for the market was energy, with stocks like Exxon Mobil and Occidental Petroleum climbing as WTI crude continued its September run, topping $75 a barrel. Natural gas prices also rose on Monday as investors monitored concerns of an energy shortage in Europe. 

European stocks closed mixed on Monday, with German election results seen eliminating a key market risk for investors in the region. 
The pan-European Stoxx 600 provisionally closed marginally lower, having given up gains of up to 0.7% earlier in the session. Oil and gas stocks jumped 2.8% while tech shares fell 1.4%. U.K. energy stocks like BP were closely watched on Monday after panic buying over the weekend due to a truck driver shortage that left many gas stations in Britain without any fuel. BP shares gained 3.5%. 
Rolls-Royce shares surged 11.3% after a new contract win and reports that the company has agreed to a £1.5 billion ($1.06 billion) sale of its ITP Aero division. 
Source: CNBC, Investing.com