U.S. stocks fell on Tuesday as a jump in bond yields prompted investors to dump high-flying tech shares.
The Dow Jones Industrials backed off 115.46 points from Monday's all-time record to 33,055.91.
The S&P 500 subtracted 17.7 points, to 3,953.69.
The NASDAQ Composite deleted 104.01 points to 12,955.64. Apple and Microsoft slid more than 1%. Tesla fell more than 2%.
ViacomCBS and Discovery both rebounded on Monday after registering heavy losses last week prompted by Archegos Capital Management selling large blocks of stock late last week.
Some bank stocks also bounced back. Goldman Sachs climbed 2.2%. JPMorgan and Bank of America rose more than 1% each.
Credit Suisse and Nomura posted heavy losses this week after warning of "significant" hits to first-quarter results following the hedge fund's selling.
Still, despite the recent volatility, the Dow is firmly higher for the month 7.2%, while the S&P 500 has gained 4.2%.
Prices for 10-Year Treasurys fell, raising yields to 1.74% from Monday's 1.71%. Treasury prices and yields move in opposite directions.
Oil prices lost $1.04 to $60.52 U.S. a barrel.
Gold prices slouched $28.60 to $1,686.