U.S. Stocks Close Lower as S&P 500 Falls 0.8% and Treasury Yields Rise

U.S. stock indexes ended Monday, September 28, lower as Treasury yields rose. The S&P 500 fell 59.72 points, or 0.8%, to 7,683.69, while the Dow Jones Industrial Average lost 347.11 points, or 0.7%, to 51,481.51. The Nasdaq composite declined 248.34 points, or 0.9%, to 26,820.38; the Russell 2000 shed 19.64 points, or 0.7%, to 2,817.91. The U.S. Treasury's daily par yield curve put the 10-year yield at 5.24% on September 28, up from 5.17% on September 25.