Expectations of an increase in growth and inflation boosted yield on the U.S. 10-year Treasury note, following which sectors like real estate and utilities that are considered as alternatives to bonds declined. Additionally, shares of tech giant Apple slumped during the day, which in turn led the tech-based index Nasdaq to post its second worst one-day drop in 2018. A total of around 7.1 billion shares were traded on Monday, lower than the last 20-session average of 6.9 billion shares.