New York (AFP)

The New York Stock Exchange closed mixed on Monday, continuing the already volatile course of last week as bond rates tightened.

According to final results, the Dow Jones index, which in the session went back above the 35,000 point mark, finally grabbed 0.21% to 34,869.37 points.

The Nasdaq, where technology stocks are concentrated, lost 0.52% to 14,969.97 points.

The broader S&P 500 index fell 0.28% to 4,443.11 points.

Investors "are considering the possibility of another volatile week," concluded analysts at Wells Fargo as last week the markets were rocked by questions about the solvency of the Chinese real estate giant Evergrande.

The week, rich in indicators on the evolution of growth but also on inflation, started with durable goods orders up for the sixth consecutive month.

Just after the publication of these much stronger than expected orders in August in the United States (+ 1.8% vs. + 0.6% expected), yields on 10-year bonds climbed to 1.51% , their highest level since the end of June.

Around 8:00 p.m. GMT, they were at 1.48% against 1.45% at the last close.

"There are a lot of signs that the economy is doing better, which is why yields are rising," said Peter Cardillo of Spartan Capital Securities.

"Durable goods orders came out very strong, one more reason to believe that bond yields should continue to rise," assured the analyst.

The technology sector weighed down the Nasdaq, which dropped more than 1% in session, before limiting its losses to half a percentage point.

- Supply problems -

Apple fell 1.05% to $ 145.37 after news reports reported that some suppliers to the computer maker but also Tesla and many semiconductor manufacturers were being forced to shut down production this week due to 'a decree in China aimed at saving electricity.

The difficulties and bottlenecks in the production chain are one of the factors of inflation, closely watched by the markets.

Investors will watch for the publication on Friday of the PCE index, the Fed's favorite barometer, to measure prices.

"Supply chain disruptions (...) add to inflation anxiety," said Patrick O'hare of Briefing.com.

Facebook, down sharply during the session, finished in the green at 353.58 dollars (+ 0.18%) while the social media giant announced on Monday to put on hold the development of a version of Instagram for the less 13-year-old after criticism in the name of children's mental health.

In the table of increases, cyclical stocks of materials (+ 0.78%), banks (+ 1.31%) as well as the energy sector (+ 3.43%), boosted by the rise in prices of oil, have beefed up the Dow Jones.

Boeing climbed 1.25% to $ 224.16 as civil aerospace accounted for a lot in last month's strong durable goods orders.

Investors have also paid "close attention to developments in Washington as lawmakers try to avoid a shutdown of government services and a default," Wells Fargo analysts said.

Between massive investments in infrastructure and social reforms, Joe Biden's big plans, face a week of high flying in the US Congress, where Democrats must agree if they want to approve the core of the US president's program.

© 2021 AFP