Market Recap: Wednesday, March 3

Stocks traded mixed Wednesday after sliding a day earlier, as investors weighed optimism over widespread post-pandemic business reopenings against concerns over economic overheating. The Dow rose while the S&P 500 fell in afternoon trading, while Treasury yields resumed advancing across the curve. The yield on the benchmark 10-year Treasury note closed in on 1.5%. A disappointing report on private payrolls growth in February also weighed on risk assets Wednesday, suggesting the labor market was still struggling to make headway amid the ongoing pandemic. Albion Financial Group CIO Jason Ware and CIO at Advisors Capital Management Charles Lieberman joined Yahoo Finance Live to discuss.