- The
Nasdaq Composite slumped Monday and theS&P 500 was headed for a fifth straight fall. - The declines come ahead of Wednesday's key consumer price inflation data.
US
The Nasdaq Composite was dragged down too, with tech stocks hurt as bond yields continued to climb, leaving the 10-year yield at its highest since the COVID crisis emerged.
Underscoring Wall Street's rate-hike jitters, Goldman Sachs said Monday it expects the US central bank to raise interest rates $4.
Here's where US indexes stood at 9:30 a.m. on Monday:
- S&P 500>$4: 4,635.37, down 0.89%
- Dow Jones Industrial Average>$4: 36,073.94, down 0.44% (157.72 points)
- Nasdaq Composite>$4: 14,697.61, down 1.60%
Oil prices slipped.$4 fell 0.2% to $78.74 per barrel.$4 the international benchmark, shed 0.1%, at $81.67.
$4 lost 0.2% to $1,793 per ounce. The$4 gained 2 basis points, at 1.791%.
$4 fell 2.6% to $40,759.14