U.S. stock indexes were lower on Monday, pressured by a drop in technology and energy companies and muted appetite for equities after last week’s spike in Treasury yields following healthy economic data.
Six of the 11 major S&P sectors were lower as a 0.35 percent slide in technology stocks led the declines, followed by a 0.24 percent drop in the energy sector.
The drop in technology stocks was led by a 0.5 percent fall in Apple and a decline in chipmakers. Micron fell 1 percent and Nvidia dropped 0.7 percent.
