Wall Street‘s main indexes fell at the open on Monday as the yield on the benchmark U.S. 10-year Treasury note hit the crucial 5% mark, while investors awaited earnings from the world’s largest technology companies and key economic data.
The Dow Jones Industrial Average fell 196 points, at the open to 32,954.
The S&P 500 opened lower by 13.76 points, or 0.33%, at 4,210.40, while the Nasdaq Composite dropped 52.96 points, or 0.41%, to 12,930.85 at the opening bell.
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