12:19 PM EDT, 03/25/2024 (MT Newswires) -- US equity indexes kicked off the holiday-shortened week with a downbeat move, while government bond yields rose with crude oil after midday on Monday.

The S&P 500 fell 0.2% to 5,226.6 but hovered close to record highs touched last week. The Nasdaq Composite slipped 0.1% to 16,407.1. The Dow Jones Industrial Average declined 0.3% to 39,362.1, close to the eye-popping 40,000 mark. March 29 is a public holiday for Good Friday.

The US Treasury two-year yield jumped four basis points to 4.64%, and the 10-year yield climbed to 4.25%, an increase of 3.3 basis points. Both Treasury yields declined last week.

The US Dollar index advanced against a basket of currencies, including the Japanese yen and the euro, to 104.2.

In company news, JPMorgan started Super Micro Computer ( SMCI ) with an overweight stock rating and a $1,150 price target. Northland adjusted Super Micro's share-price target to $1,300 from $925 while maintaining its outperform rating. Shares of Super Micro jumped to 9.7% earlier in the session, the top gainer on the S&P 500 intraday.

The worst performer on the S&P 500 was Take-Two Interactive Software ( TTWO ) , whose shares slid 5.5% following a Kotaku report that the highly anticipated Grand Theft Auto 6 video game may miss the 2025 release window.

In economic news, the Dallas Federal Reserve's monthly manufacturing index slid to minus 14.4 in March from minus 11.3 in February, compared with expectations for a worsening to minus 11.5 in a survey compiled by Bloomberg as of 7:45 am ET.

US new-home sales decreased to a 662,000 annual rate in February from an upwardly revised 664,000 rate in January, versus the 675,000 rate expected in a survey compiled by Bloomberg.

West Texas Intermediate crude oil jumped 1.7% to $81.99 a barrel.