U.S. Stocks Close Lower, Treasury Yields Keep Rising
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U.S. stocks edged lower to close Monday’s session, while the 10-year Treasury yield continued its upward march following a three-day holiday weekend.
The S&P 500 slipped 0.90 point, or less than 0.1%, to close at 4391.69. The Dow Jones Industrial Average declined 39.54, or 0.1%, to 34411.69. The technology-heavy Nasdaq Composite Index dropped 18.72, or 0.1%, to 13332.36. All three indexes wavered between small gains and losses throughout the day.