The Dow and S&P 500 End Lower on a Brutal Day for Most Stocks.

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Stocks fell from last week’s record levels after rising bond yields weighed on the major indexes.

The Dow Jones Industrial Average was down 344 points, or 0.8%. The S&P 500 was down 0.2%. The Nasdaq Composite rode a late-session rally to a gain of 0.3%.

The bond market took center stage as yields around the globe jumped, meaning prices fell, in early morning trading. The yield on the 2-year Treasury note was up to 4.032%. The 10-year yield spiked to 4.189%.

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