All three major U.S. stock market indexes rose Monday afternoon, following an earlier selloff sparked by long-dated Treasury yields surpassing the 5% mark after the financial ratings agency Moody’s downgraded the U.S. government’s credit rating late last week, citing rising debt and interest payment ratios.

Stocks closed largely unchanged on Monday despite a downgrade of U.S. credit, which triggered a spike in debt yields and threatened to raise borrowing costs throughout the nation's economy. The Dow Jones Industrial Average closed up 137 points,