Dow Jones, S&P 500, Nasdaq: Wall Street notiert im Minus – Nvidia-Aktie legt zu

At the start of a new trading week, investors on Wall Street are holding back. The key indices are all down. The Dow Jones Industrial Average, representing the largest companies by market capitalization, has fallen 0.5 percent to 51,568 points. The Standard & Poor's 500 index, a broader measure of the U.S. stock market, is 0.3 percent lower at 7,718 points.

The Nasdaq Composite, which tracks the performance of technology stocks, has dropped 0.4 percent to 26,954 points. The Nasdaq 100, reflecting the performance of the 100 largest non-financial companies, is also down 0.7 percent at 30,403 points. The sell-off in U.S. government bonds continues on Monday. Rising oil prices are adding to the selling pressure, following President Donald Trump's rejection of Iran's latest proposal to reopen the Hormuz Strait.

Brent crude oil and U.S. Light Crude Oil (WTI) have each fallen by about one percent, fueling inflation concerns. As a result, the yield on 10-year U.S. Treasuries has risen above 5.2 percent, the highest level in nearly two decades. The yield on the 30-year bond exceeds 5.5 percent. Investors have been increasing their exposure to longer-term U.S. government bonds due to expectations of further interest rate hikes by the Federal Reserve (Fed) to combat inflation.

Ricardo Evangelista, an analyst at ActivTrades, notes that the heightened tensions between the United States and Iran have driven up oil prices. This has increased concerns about inflation and raised expectations that the Fed will increase interest rates again.