From Nasdaq:

Stock indexes closed down on Monday with the S&P 500, Dow Jones, and Nasdaq all posting losses. Fed comments on interest rates sparked the decline. Negative corporate news also weighed on the market, with Take-Two Interactive and United Airlines taking hits. However, Super Micro Computer and Micron Technology saw gains. Overseas markets settled mixed.
Interest rates rose as the 10-year T-note yield increased.
European government bond yields also moved higher.
Stock movers included Take-Two Interactive, United Airlines, Lululemon Athletica, Intel, and Advanced Micro Devices. Tech giants Apple, Alphabet, and Meta Platforms faced potential fines. Super Micro Computer and Micron Technology saw positive movements. Regeneron failed to get FDA approval for a drug therapy.
In earnings reports, companies like Concentrix Corp, GameStop Corp, and McCormick & Co released results. Market outlook remains uncertain as Fed officials and corporate news weigh on investor sentiment.



Read more at Nasdaq: Stocks End Lower as Hawkish Fed Comments Push Bond Yields Higher