S&P extends its losing streak; Nasdaq stumbles

Stocks closed a wobbly day of trading mostly lower on Wall Street on Monday, extending a losing streak for markets.

The S&P 500 fell 15.88 points, or 0.4%, to 4,008.01. The benchmark index is coming off a six-week losing streak. The Dow Jones Industrial Average eked out a gain, rising 26.76 points, or 0.1%, to 32,223.42.

The tech-heavy Nasdaq had a sharp drop. It fell 142.21 points, or 1.2%, to 11,662.79.

Technology stocks were among the biggest losers after pushing and pulling the market throughout the day. Apple fell 1.1%. Big tech companies, with their pricey values, tend to push the broader market both up or down. The sector has been a particularly heavy weight as investors worry about high inflation and rising interest rates.

Retailers also had some of the biggest losses. Amazon slipped 2% and Starbucks fell 4.2%.

Energy stocks and health care companies gained ground. Chevron rose 3.1% and Eli Lilly rose 2.7%.

Bond yields fell. The yield on the 10-year Treasury fell to 2.89% from 2.94% late Friday.