Bond yield worries persist as oil edges higher: AlphaCheck

Good morning. Stocks fell on Monday as long-dated bond yields continued to climb amid surging oil prices, raising concerns that the Federal Reserve will need to hike rates at its policy meeting next week.

The 10-year Treasury ( ^TNX ) crept up to 4.8% while Brent crude futures ( BZ=F ) topped $98 per barrel amid continued Iran-US tensions in the Middle East. Goldman Sachs analysts see a case for oil reaching $120 .

Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data .

Tech stocks (XLK ) rose as Nvidia ( NVDA ) and other chip stocks gained slightly. The Energy ( XLE ) sector rose more than 1%, while Financials ( XLF ) and Consumer Discretionary ( XLY ), which are more sensitive to interest rates, slipped.

Here are some other notable stocks that Yahoo Finance readers are viewing this morning: Tesla ( TSLA ), Sandisk ( SNDK ), and Alibaba ( BABA ).