12:44 PM EDT, 10/21/2024 (MT Newswires) -- US equity indexes fell amid surging government bond yields and crude oil futures in midday trading on Monday.

The Nasdaq Composite fell 0.2% to 18,457.3, the S&P 500 was down 0.4% to 5,840.6 and the Dow Jones Industrial Average was 0.7% lower at 42,949.3. All sectors, except technology, were in the red intraday, with real estate the standout decliner.

Investors lightened most on the real estate sector amid an increase in the probability of the Federal Reserve leaving its interest rate unchanged in the 4.75% to 5% target range next month to 15% from 10% a day ago and zero likelihood of the Fed pausing a month ago.

US Treasury yields kicked off the week on a higher note intraday, with the 10-year yield surging 10.1 basis points to 4.18%, its strongest since the end of July. The two-year yield jumped 6.8 basis points to 4.02%.

West Texas Intermediate crude oil climbed 1.8% to $70.50 a barrel after China, the biggest oil importer in the world, lowered interest rates and looks to stimulate its flagging economy.

In economic news, the Conference Board's measure of leading indicators fell 0.5% in September, below expectations for a 0.3% decrease in a survey compiled by Bloomberg and a 0.3% drop in August.

In company news, Boeing's ( BA ) striking machinists will vote Wednesday on a new contract proposal that includes a 35% pay increase over four years, IAM District 751 said Saturday. Shares of the aircraft manufacturer jumped 3% intraday, the top gainer on the Dow.