U.S. stocks closed lower under pressure from rising oil prices and Treasury yields, as investors attempt to assess the pressures stemming from the conflict in the Middle East.

Index

Index Value

Change (Value)

Change (%)

51,839.26

(307.16)

(0.59%)

25,508.07

(12.17)

(0.05%)

7,443.28

(14.41)

(0.19%)

24,846.69

15.71

0.06%

8,340.11

1.30

0.02%

10,524.76

(75.64)

(0.71%)

25,143.05

580.81

2.36%

64,141.12

(2,694.42)

(4.03%)

77,708.52

(442.93)

(0.57%)

At the close, the Dow Jones Industrial Average fell 0.60%, or 307 points, to 51,839 points.

The broader S&P 500 fell 0.2%, or 14 points, to 7,443 points, while the Nasdaq Composite steadied at 25,508 points.

In Europe, the STOXX Europe 600 fell 0.30% to 639.6 points.

The UK's FTSE 100 fell 0.70% to 10,524 points, while Germany's DAX steadied at 24,846 points, and France's CAC 40 at 8,340 points.

In Japan, the Tokyo Stock Exchange closed today, Monday, in observance of Marine Day, and trading is scheduled to resume tomorrow.

Commodity

Price

Change (Value)

Change (%)

89.22

1.12

1.25%

83.23

0.74

0.88%

4,007.70

0.59

0.01%

In oil, Brent crude futures for September delivery rose 1.3%, or $1.12, to $89.22 per barrel at settlement.

U.S. West Texas Intermediate crude futures for August delivery rose 0.9%, or 74 cents, to $83.23 per barrel.

In precious metals, gold futures for August delivery steadied at $4,019 per ounce.

What's behind the market move? Stocks came under pressure from rising U.S. bond yields, as the ongoing conflict in the Middle East pushes energy prices higher.