Global financial markets are experiencing instability: the Dow Jones index dropped by 0.80% or 344 points, reaching a level of 42931 points after closing last week at an all-time high. American 10-year Treasury yields rose to their highest levels in three months. Investors are assessing the likelihood of rising inflation and possible impacts on the Federal Reserve's plans to cut interest rates.
Most American stock indices fell on Monday under pressure from rising yields of long-term bonds and in anticipation of key financial reports from companies this week.
The S&P 500 index fell by 0.20% or 10 points, reaching 5855 points after closing the previous week.
