Wall Street falls as oil and bond yields rise; Meta drops nearly 5%

Wall Street's major indexes fell on Monday, driven by rising oil prices and a continued bond sell-off that pushed U.S. Treasury yields to multi-year highs. Meta shares dropped nearly 5%. The S&P 500 declined 0.77% to 7,683.69 points, the Dow Jones fell 0.67% to 51,481.51, and the Nasdaq Composite lost 0.92% to 26,820.38. Ten-year and 30-year Treasury yields approached highs not seen since 2007 and 2004, respectively. Oil prices fluctuated after Iran ruled out new talks with the U.S., though indirect contacts continue. Analysts said markets remain pressured by yields and energy costs, with the Fed focused on inflation. Nvidia rose 1.68% after announcing a $150 billion buyback expansion and an AI security platform, while Paramount gained 3.21% on its Warner Bros. acquisition financing plan.