12:22 PM EST, 03/03/2025 (MT Newswires) -- US equity indexes fell, with technology leading the decliners and gold futures surging after midday on Monday.

The Nasdaq Composite fell 0.3% to 18,793.9, with the S&P 500 down 0.1% to 5,954.5 and the Dow Jones Industrial Average 0.1% lower at 43,802.8 after midday on Monday. Technology and energy led the decliners, while real estate was the biggest gainer.

Gold futures soared 1.9% to $2,902.10, and their silver counterparts advanced 2.9% to $32.40.

The CBOE's volatility index VIX, which was trading down earlier in the session, jumped 3.9% to 20.39.

US Treasury yields were mixed, with the 2-year rose one basis point to 4.01% while the 10-year dropped 3.2 basis points to 4.20%.

In economic news, the Institute for Supply Management's US manufacturing index fell to 50.3 in February from 50.9 in January, compared with expectations for 50.8 in a survey compiled by Bloomberg.

In company news, servers linked to a fraud case in Singapore may have included Nvidia ( NVDA ) chips and were supplied by Dell Technologies ( DELL ) and Super Micro Computer ( SMCI ) to local companies before being delivered to Malaysia, multiple news outlets reported Monday, citing Singapore's Home Affairs and Law Minister K. Shanmugam.

Shares of Super Micro dropped 6.1% intraday, the worst performer on the S&P 500. Nvidia ( NVDA ) retreated 4.9% intraday, the steepest decliner on the Nasdaq and the Dow. Shares of Dell slid 3.1% intraday.

West Texas Intermediate crude oil futures slipped 0.2% to $69.60 a barrel.