03:41 PM EDT, 03/25/2024 (MT Newswires) -- US benchmark equity indexes were lower ahead of Monday's close, as markets assessed the latest batch of macro data.

The Dow Jones Industrial Average was down 0.4% at 39,312.6, while the S&P 500 fell 0.2% to 5,223.4. The Nasdaq Composite slipped 0.1% to 16,416. Among sectors, industrials saw the steepest decline. Energy, utilities, and materials were in the green.

Single-family home sales in the US edged down 0.3% on a monthly basis to a seasonally adjusted annual rate of 662,000 from January's upwardly revised print of 664,000, according to the Census Bureau and the Department of Housing and Urban Development. Analysts expected sales to come in at the 675,000 level, which would have marked a 2.1% growth from the unrevised print, according to a survey compiled by Bloomberg.

The US 10-year yield rose 3.5 basis points to 4.25%, while the two-year rate added 2.8 basis points to 4.63%.

Texas' manufacturing activity fell more than expected this month as production, orders and shipments swung back into negative territory, according to the Federal Reserve Bank of Dallas.

West Texas Intermediate crude oil rose 1.8% to $82.07 per barrel.