04:03 PM EST, 02/24/2025 (MT Newswires) -- US equity indexes were set to close lower Monday on bearish sentiment around deteriorating consumer confidence and growing expectations interest rates will likely remain elevated as the Federal Reserve continues its fight to rein in rising prices.

The Nasdaq Composite fell 1.1% to 19,301.6. The S&P 500 slipped about 0.4% to 5,987.1, while the Dow Jones Industrial Average rose 0.1% to 43,481.1. Sectors were mixed ahead of Monday's close, with consumer discretionary, technology and communication services recording most declines. Real Estate, financials and health care were the top gainers.

US Treasury yields also were mixed, with the 10-year slipping 2.2 basis points to 4.39% while the two-year yield was climbed 1.9 basis points to 4.17%.

West Texas Intermediate crude oil futures rose 0.71% to $70.90 per barrel, rebounding moderately after a slide on Friday.