Stocks fell on Monday, with technology stocks leading losses, as investors rotated out of high-growth names amid fears of coming inflation and higher interest rates. All three market benchmarks declined, with the Nasdaq underperforming with a more than 2.5% drop.

Over the weekend, gasoline futures traded choppy after a ransomware attack forced the largest U.S. fuel pipeline, Colonial Pipeline to close. The company updated Monday afternoon that parts of its system are being brought back online, while the pipeline operator expects to restore service by the end of the week.

Here's how the market settled to start the week:

S&P 500 Index (SPY  ): -1.04% or -44.08 points to 4,188.52

Dow Jones Industrial Average (DIA  ): -0.09% or -32.60 points to 34,745.16

Nasdaq Composite Index (QQQ  ): -2.55% or -350.38 points to 13,401.86

For Stocks, Cathie Wood's flagship ARK Innovation ETF (ARKK  ) fell over 5% on Monday as innovation stocks were pressured throughout the session. Shares of Tesla (TSLA  ), Square (SQ  ), Roku (ROKU  ), DraftKings (DKNG  ) and Zillow (ZG  ) all declined.

For Sector Performance, sectors on the S&P 500 ended Monday's session mixed, with Utilities (XLU  ) and Consumer Staples (XLP  ) leading gains, while Communication Services (XLC  ), Consumer Discretionary (XLY  ) and Information Technology (XLK  ) led losses.

For Commodities and Currency, the U.S. Dollar (UUP  ) slipped lower on Monday as a April's weak employment report prompted investors to abandon the greenback. The dollar index was down 0.11% at 90.051 against six other currencies in late afternoon trade, its lowest point since February 25. Gold (GLD  ) prices rose on Monday on the back on the weaker dollar and market expectations that interest rates will remain low to support the U.S. economy. Spot gold increased by 0.4% to $1,836.89 per ounce, while U.S. gold futures settled 0.3% higher at $1,837.60 per ounce. Crude oil futures settled slightly higher on Monday, with international benchmark Brent Crude (BNO  ) closing up at $68.32 per barrel, while domestic index West Texas Intermediate (USO  ) was up at $64.92 each.

For Tuesday, investors will turn their attention to fresh data for March's job openings and the NFIB small-business index's reading for April.