As Treasury 10-year yields remained above 4%, stocks struggled to gain traction the day after a tech-led rally. The price of oil has risen.

The S&P 500's declines were led by commodity and financial stocks. The megacap market was mixed, with Nvidia rising and Tesla falling. Juniper Networks soared after it was revealed that it is in advanced talks to be acquired by Hewlett Packard Enterprise Bitcoin remained close to $47,000 as investors awaited a regulatory decision on whether to approve the United States' first exchange-traded fund linked directly to the token.