Stocks fall on Monday | Wall Street layoffs likely ahead | High dividend yielding stocks

Stocks failed to hold on to last week's gains.

VIEW IN BROWSER | SUBSCRIBE MON, JUN 27, 2022 EVENING BRIEF AS OF MON, JUN 27, 2022 • 05:02 ET DJIA 31438.26 -0.20% -62.42 S&P 500 3900.11 -0.30% -11.63 NASDAQ 11524.55 -0.72% -83.07 Most Active DOW NAME LAST CHG %CHG AAPL 141.66 UNCH UNCH INTC 38.63 +0.02 +0.05% MSFT 264.89 -2.81 -1.05% S&P 500 NAME LAST CHG %CHG AMD 86.16 -0.92 -1.06% AAPL 141.66 UNCH UNCH AMZN 113.22 -3.24 -2.78% NASDAQ NAME LAST CHG %CHG AMD 86.16 -0.92 -1.06% AAPL 141.66 UNCH UNCH AMZN 113.22 -3.24 -2.78% EDITOR'S NOTE The major indexes on Monday failed to hold on to last week's gains as investors kept searching for a market bottom and awaited data coming later in the week that could give them a clearer signal of peaking inflation.   Stocks wavered over the flat line for a good chunk of the day before falling lower in the afternoon.   Tech and consumer stocks tumbled as the 10-year U.S. Treasury yield ticked higher. Gaming names Electronic Arts and Take-Two Interactive each slid more than 3%. Etsy was the top decliner in the S&P 500, down nearly 3.6%. Shares of the e-commerce company fell after a downgrade from Needham. Meanwhile, energy stocks, which have been the big gainers all year, were the winners on Monday. Valero and Devon posted the biggest upward moves in the S&P 500, rising 8% and nearly 7.5% each. The sector as a whole gained about 2.8%.   Investors are expecting stocks to continue oscillating until there's a clear catalyst for meaningful moves in either direction. Inflation is still the hot topic, and analysts agree any signal that it has peaked could jolt the market.   Elsewhere, pending home sales posted a surprise 0.7% increase in May from April, the National Association of Realtors reported Monday, likely due to a brief pullback in mortgage rates.  Tanaya Macheel | Markets and Investing Reporter @tanayamac Watch our live stream for all you need to know to invest smarter. TOP NEWS  Stocks fall and begin week with losses as rebound attempt stalls Here's how the Supreme Court's Roe v. Wade decision could affect health insurance coverage Russia slides into historic debt default as payment period expires Wall Street layoffs likely ahead as two-year hiring boom turns to bust Trump SPAC deal threatened by federal criminal probe Evercore says these are stocks to own in a bear market rally SPACs wipe out half of their value as investors lose appetite for risky growth stocks Finding high dividend yielders with steady and growing payouts Pending home sales post surprise increase in May, likely due to brief pullback in mortgage rates Ukraine's Zelenskyy asks G-7 leaders for more help as Russia attacks key cities; NATO to massively increase rapid response force TOP VIDEO Is this the right time to short bitcoin? CNBC PRO Goldman says buy the pullback in oil and other commodities SPECIAL REPORTS 58% of Americans are living paycheck to paycheck after inflation spike — including 30% of those earning $250,000 or more 44% of Americans work a side hustle to make ends meet — but it may not be an efficient way to earn more, says expert Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS