The S&P 500 and Dow Jones Industrial Average fell on Monday as government bond yields continued to rise, signaling that investors expect the Federal Reserve to move quickly in raising interest rates.
But in a bright spot for investors, an afternoon rebound erased losses in technology stocks and pushed the Nasdaq Composite to a small gain. The Nasdaq closed the day with an increase of 6.93 points, or less than 0.1%, to 14942.83.