NEW YORK, New York – A general easing of U.S. Treasury yields, including a dip below 5 percent for 10-year paper provided some relief for Wall Street Monday, despite a global sell-off. Nonetheless only the tech stocks finished in front.

“Investors are of the opinion that the 10-year (Treasury yield) has peaked or is likely to peak,” Sam Stovall, chief investment strategist of CFRA Research in New York told Reuters Monday.

“We’ve seen the market do so poorly the last week, it could simply be a reflex action, a counter-trend rally that might last for only a day, because there’s a lot of data this week, GDP in particular.”

The Standard and Poor’s 500 (^GSPC) closed at 4,217.04, marking a 7.12 point decrease or a 0.17 percent drop. Trading volume reached 2.43 billion.

The Dow Jones Industrial Average (^DJI) also experienced a decline, closing at 32,936.41, down 190.87 points, or 0.58 percent. A total of 341.147 million shares were traded.

In contrast, the NASDAQ Composite (^IXIC) saw gains, closing at 13,018.33, with an increase of 34.52 points, or 0.27 percent. The trading volume was 3.98 billion.

Global Foreign Exchange Markets See Major Sell-off in U.S. Dollar

Here’s a roundup of the latest FX rates:

EUR/USD: The euro gained ground against the U.S. dollar Monday, rising by 0.0070 to reach a rate of 1.0663, marking a positive move of 0.66 percent.

USD/JPY: The dollar faced a slight depreciation against the Japanese yen, losing 0.19 to settle at 149.63, a decrease of 0.13 percent.

USD/CAD: The Canadian dollar gained 0.0023, concluding at 1.3690, a gain of 0.17 percent.

GBP/USD: The British pound advanced Monday, adding 0.0079, resulting in a rate of 1.2242, representing a positive move of 0.66 percent.

USD/CHF: The Swiss franc edged up 0.0005 to reach 0.8916, marking a 0.06 percent appreciation.

AUD/USD: The Australian dollar made gains against the its U.S. counterpart, rising by 0.0022 to reach 0.6331, reflecting a gain of 0.35 percent.

NZD/USD: The New Zealand dollar also appreciated against the greenback, gaining 0.0023 to settle at 0.5849, a positive move of 0.40 percent.

Global Stock Markets Close Mostly Lower on Monday

The global stock markets kicked off the trading week on Monday with a downward-trending performance, as investors grappled with fears of an escalation regionally in the Israel-Hamas conflict, while various economic factors were impacting the world’s major indices.

CANADA

Canada’s S&P/TSX Composite index (^GSPTSE) ended the day at 19,046.74, recording a 68.90 point decrease, or 0.36 percent. The total trading volume for the day was 194.558 million.

UNITED KINGDOM

In the United Kingdom, the FTSE 100 in London displayed a modest drop of 27.31 points, amounting to a 0.37 percent decrease, closing at 7,374.83.

EUROPE

Meanwhile, in Europe, the DAX PERFORMANCE-INDEX (GDAXI) in Frankfurt gained 2.25 points, representing a 0.02 percent increase, reaching 14,800.72.

The CAC 40 (FCHI) in Paris rose by 34.25 points, or 0.50 percent Monday, to settle at 6,850.47.

In Europe, the ESTX 50 PR.EUR (^STOXX50E) showed a positive move, closing at 4,041.75, with an increase of 17.07 points, or 0.42 percent.

The Euronext 100 Index (^N100) in Europe also posted gains, closing at 1,278.93, with an increase of 4.43 points, or 0.35 percent.

Belgium’s BEL 20 (^BFX) ended the day at 3,325.15, facing a 27.78 point decrease, or a 0.83 percent drop.

RUSSIA

Russia’s MOEX Russia Index (IMOEX.ME) closed at 2,222.51, with a decrease of 4.14 points, marking a 0.19 percent drop.

ASIA

Over in Asia, the Nikkei 225 (N225) in Tokyo took a dip of 259.81 points, reflecting a 0.83 percent decline, closing at 30,999.55.

The HANG SENG INDEX (HSI) in Hong Kong followed suit with a loss of 123.77 points, amounting to a 0.72 percent drop, closing at 17,172.13.

Meanwhile, in China the SSE Composite Index (000001.SS) in Shanghai faced a notable setback of 43.77 points, equivalent to a 1.47 percent decline, ending at 2,939.29. The Shenzhen Index (399001.SZ) joined in with a decrease of 144.38 points, marking a 1.51 percent decrease, settling at 9,425.98.

In India, the S&P BSE SENSEX (BSESN) in Mumbai stumbled, shedding 825.74 points, equaling a 1.26 percent decline, with a closing value of 64,571.88. India’s NIFTY 50 (NSEI) in Mumbai had a challenging day, losing 260.90 points, representing a 1.34 percent decrease, concluding at 19,281.75.

The IDX COMPOSITE (JKSE) in Jakarta followed suit with a loss of 107.20 points, representing a 1.57 percent decrease, concluding at 6,741.96.

Meanwhile, the FTSE Bursa Malaysia KLCI (KLSE) in Kuala Lumpur posted a minor drop of 2.92 points Monday, marking a 0.20 percent decrease, closing at 1,438.12.

In South Korea, the KOSPI Composite Index (KS11) in Seoul displayed a 17.98 point decrease, equivalent to a 0.76 percent drop, finishing at 2,357.02.

Taiwan’s TSEC weighted index (TWII) in Taipei faced a noticeable decline, losing 189.36 points, or 1.15 percent, to reach 16,251.36.

OCEANIA

Down under, the S&P/ASX 200 (AXJO) in Sydney lost 56.60 points, or 0.82 percent, closing at 6,844.10. Also in Australia, the ALL ORDINARIES (^AORD) displayed a decrease, closing at 7,030.00, with a 59.70 point drop, or a 0.84 percent decrease.

In New Zealand, the S&P/NZX 50 INDEX GROSS (NZ50) faced a dip of 141.52 points, or 1.27 percent Monday, closing at 10,994.08.

AFRICA

South Africa’s Top 40 USD Net TRI Index (^JN0U.JO) closed at 3,654.54, down 9.09 points or 0.25 percent.

MIDDLE EAST

Turning our attention to the Middle East, the EGX 30 Price Return Index (CASE30) in Cairo made substantial gains, surging by 444.00 points, or a remarkable 2.01 percent, to finish at 22,572.50.

Israel’s TA-125 (TA125.TA) in Tel Aviv experienced a 16.92 point drop, amounting to a 1.03 percent decrease Monday, closing at 1,623.37, as preparations for a ground invasion of Gaza continued.