Stock Market Today: Live Updates | Wilnesh News

Stock futures were little changed late Monday as stocks fell on Wall Street as rising oil prices and bond yields weighed on the market.

Dow Jones Industrial Average Futures Lost 19 points. S&P 500 Index Futures and Nasdaq 100 Futures The two are also trading at near par.

The after-hours move comes after a negative day for stocks. this Dow Chemical It closed down nearly 400 points, while S&P 500 Index The decline was close to 1%. Technology stocks bore the brunt of Monday’s losses, pushing Nasdaq Index down about 1.2%.

Rising bond yields put downward pressure on the market. It is worth noting that 10-Year Treasury Bond Yields climbed above 4%, hitting their highest level since early August. Bond yields and prices are inversely related.

West Texas Intermediate Oil A rise in oil futures above $77 a barrel also hurt stocks. But energy stocks rose along with commodities, making them the only one of the 11 S&P 500 sectors to close higher on Monday.

Stock markets have been struggling over the past few days, setting up a bad start to the new trading month and quarter. Investors are increasingly worried about an escalation of conflict in the Middle East after Iran launched a missile attack on Israel early last week.

But on Friday, the market rebounded after the jobs report, pushing all three major stock indexes to a fourth straight week of gains. The Dow also hit a record closing high on Friday.

“Initially, the market bounced back on really good economic news,” Larry Tentarelli, chief technical strategist at Blue Chip Daily Trend Report, said of the labor market data. “I think now the market is adapting. Higher bond yields.”

Investors will focus on economic data on small business and the trade deficit on Tuesday. They will also focus on speaking engagements scheduled throughout the day for central bank leaders including Boston Fed President Susan Collins and Atlanta Fed President Raphael Bostic.