Dow slips 100 points from a record high, Apple and Microsoft lead losses; European stocks close higher with recovery hopes, bond yields in focus 
U.S. stocks fell on Tuesday as major technology shares came under pressure again after the 10-year Treasury yield touched its highest level since January 2020. 
The Dow Jones Industrial Average dipped 104.41 points, or 0.3%, to 33,066.96, slipping from a record closing high. Apple and Microsoft were among the biggest losers in the 30-stock Dow, falling more than 1% each. The S&P 500 slid 0.3%, led by losses in consumer staples and technology. The Nasdaq Composite ended the session 0.1% lower. The tech-heavy benchmark was down more than 1% at one point. 
Investors digested a reading on consumer confidence that far exceeded expectations. The Conference Board’s Consumer Confidence Index surged in March to 109.7, its highest reading in a year. Economists polled by Dow Jones expected the index to rise to 96.8 from 90.4 in February. 
Classic reopening plays rallied after the data release. American Airlines jumped more than 5%, while United Airline popped more than 3%. Carnival and Norwegian Cruise Line both climbed at least 3% higher. 

The pan-European Stoxx 600 ended the session up by about 0.7%, led by a 3.1% climb for auto shares. In individual stocks news, Siemens Gamesa shares gained 5.8% after the renewables company signed a deal with Repsol to install four wind farms in Spain. German biotech firm Evotec also gained 5.2%. 
Source: CNBC