Wall Street opens December lower

US stock indices fell at the start of Monday’s session, the first trading day of December, pressured by a rise in US Treasury yields.

The decline came as a wave of selling hit most technology shares, amid ongoing uncertainty surrounding the valuation of artificial-intelligence companies.

In trading as of 17:59 GMT, the Dow Jones Industrial Average fell 0.5% (225 points) to 47,491. The S&P 500 dipped 0.3% (20 points) to 6,830, while the Nasdaq Composite slipped 0.3% (77 points) to 23,288.