Investors continued to closely watch the bond market as well, where a steady rise of bond yields has given some investors pause. Bond yields continue to climb, as murmurs of inflation have started among investors and as the economy continues to climb out of the hole that was created by the pandemic. The steady rise in yields means investors see the economy getting better but it also suggests they're concerned about inflation. The momentum of the stock market, particularly on Thursday, danced closely with the bond market. When bond yields tipped lower in the afternoon, the stock market recovered some of its losses.

Source: ABC News February 18, 2021 06:49 UTC