Investors scooped up stocks and cyclical sectors like energy and financials, betting they would gain the most from a reopening economy.

Others picked a Bitcoin, sending the Cryptocurrency soaring past $50,000 for the first time before paring its game.

But investors sold bonds, driving up the yield on the benchmark 10 year Treasury to its highest since last February.

That propelled financial stocks higher.

But pressure tech stocks, utilities and real estate stocks also fell because they're often considered bond proxies.

At the close, the Dow was up 1/5 percent, but the S and P 500 was flat and the NASDAQ lost a third of a percent.

The rise in Treasury yields and interest rates worries Vestibular Capital CEO Jeff Thomas alot.

When you have interest rates start to tick up the way we've seen today, now is this a trend or is it not?

I'm not sure, but if it continues, we're gonna definitely see some issues in the overall market, and I think that's what we're seeing a little bit today.

As Bitcoin briefly topped the 50 k milestone, Cryptocurrency and Blockchain related stocks soared, among them Silver Gate Capital, Riot, Blockchain and Marathon Patent Group.

Investors also been on shares of travel related companies ahead of their earnings this week.

Hilton Hyatt Marry it and Norwegian Cruise Lines rose.

Bank stocks jumped, but Citigroup shares rose less than 1%.

Ah federal judge ruled that the bank was not entitled to recruit the half a billion dollars it had mistakenly wired lenders of Revlon.