US stocks under pressure as oil rises and Treasury yields hit 2007 high

23% Welcome to the home for real-time coverage of markets brought to you reporters. You can share your thoughts with us at Us Stocks Feel The Heat As Oil And Yields Climb US stocks are under pressure early Monday after President Donald Trump's rejection of an Iranian proposal to end the conflict sent crude prices sharply higher, reviving inflation concerns and pushing Treasury yields to fresh highs. The initial market reaction has eased somewhat. 5%.

Treasury yields have also backed off their highs. 23%. Most S&P 500 sectors are in the red. Consumer discretionary and communication services are leading the declines as investors grapple with the prospect of higher energy costs and firmer interest rates.

Energy, meanwhile, is the clear standout on the upside, benefiting from the jump in crude prices. Under the surface, several growth-oriented groups are feeling the pressure. Gold and silver miners, software and services, and semiconductor stocks are among the weaker pockets of the market. Elsewhere, rate-sensitive housing stocks are trading modestly lower, while transports are also slightly red as investors weigh the economic implications of higher fuel costs and elevated bond yields.

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