U.S. stocks were slightly higher Monday after a morning rally lost ground earlier in the session.

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The S&P 500 was up 0.3% after rising more than 1% at the start of trading, and the Dow Jones Industrial Average closed just above breakeven after paring a 300-point gain. The tech-heavy Nasdaq rose 0.4%. The swing lower in equities from session highs came as the 10-year U.S. Treasury benchmark topped 3%.

All three major indexes struggled to recover from a sell-off Friday that rounded out another down week on Wall Street. The declines followed a stronger-than-expected May jobs report showed hiring kept at a slower but still-robust tempo last month – a sign of continued strength in the labor market expected to keep policymakers on pace with interest rate-hiking plans.

“As Fed speakers consistently remind us that the path towards draining inflationary pressures from the economy is going to be ‘bumpy’ and ‘painful,’ the market agrees as it navigates between seeing the next recession around the corner to witnessing a still healthy economic backdrop,” LPL Financial Chief Equity Strategist Quincy Krosby said.

The Labor Department’s May jobs report Friday showed 390,000 were added to the U.S. economy in May, while unemployment held at a rate of 3.6%.

Later this week, investors will get the latest gauge on how quickly prices are rising across the U.S. when the Bureau of Labor Statistics releases its latest Consumer Price Index Friday.

The headline CPI index is expected to have climbed in May but stay flat from last month’s reading on a year-over-year basis. Economists forecast the broadest measure of CPI rose by 8.3% in May, on par with April’s advance. Over the month, CPI is expected to show an increase of 0.7%, up from 0.2% last month.

Fed officials enter a blackout period this week, which limits the extent to which staff and Federal Open Market Committee (FOMC) members can speak publicly or give interviews ahead of their next policy-setting meeting set for June 14-15.