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(CNBC) -- The S&P 500 fell Wednesday, the first day of March, as traders struggled to recover their footing following a losing month and bond yields continued their climb.
The broad market index fell 0.47% to 32,666.78, while the tech-heavy Nasdaq Composite lost 0.66% to close at 11,379.48. The blue chip Dow Jones Industrial Average ended the day just above the flatline at, 5.86 points higher.
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The moves came as bond yields extended their February gains, with the benchmark 10-year yield briefly topping 4% for the first time since November. The 1-year Treasury yield rose above 5%.
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