The Roundhill Magnificent Seven ETF — which holds Big Tech stocks including Nvidia, Apple Inc., Microsoft Corp, Alphabet Inc., Amazon.com Inc., Tesla Inc. and Meta Platforms Inc. —was up 1.5% in afternoon trading, according to FactSet data, at last check. Nvidia was rallying the most with a 3.8% jump, followed by Tesla at 1.8% and Apple at 1.5%.

That in turn has sent Treasury yields higher, and the 10-year yield is back above 4% for the first time since August. The two-year Treasury yield also briefly climbed back above 4% Monday, up from just 3.

U.S. stocks ended sharply lower on Monday after the Dow Jones Industrial Average finished last week at a record high, as Treasury yields climbed above 4% for the first time since August. The Dow Jones Industrial Average went down 398.