More declines in big technology stocks pulled major indexes lower on Wall Street, driving the market further into the red on the first week of the year.

The S&P 500 wobbled between gains and losses for much of the day Thursday before closing down 0.1%. Weakness in big tech companies like Apple was the main culprit.

The Nasdaq also fell 0.1% and the Dow Jones Industrial Average fell 0.5%.

Small-company stocks bucked the trend and closed higher.

Bond yields continued to rise a day after the Federal Reserve indicated it was ready to raise interest rates to fight off inflation.