The US stock market closed lower Monday as investors focused on developments in the Russia-Ukraine war and remained concerned over the impact of inflation and higher interest rates on the global economy.
All major groups in the S&P 500 posted losses, while the tech-heavy Nasdaq 100 fell more than 2%.
The S&P 500 closed down 75.75 points, or 1.7%, at 4,412.53.
The Nasdaq Composite ended down 299 points, or 2.1%, at 13,411.
The Dow Jones Industrial Average was down 413 points, or 1.19%, to close at 34,308.
Ten-year Treasury yields rose 2.77% for the first time since March 2019 after the Federal Reserve last week signaled sharp rate hikes.
Bitcoin traded near $40,000.
On the commodities side, West Texas Intermediate crude fell 3.4% to $94.92 a barrel.
Gold futures increased 0.6% to $1,957.70 an ounce.
Source: Anadolu Agency