S&P 500 futures dipped during early morning trading on Tuesday as a jump in bond yields prompted investors to dump high-flying tech shares.

Futures for the Dow Jones Industrials lopped off two points to 33,030.

Futures for the S&P sank 9.75 points or 0.3%, to 3,949.25.

The NASDAQ Composite index docked 81 points, or 0.6%, to 12,863.50 Tuesday.

Apple, Amazon, Microsoft, Netflix and Facebook all traded in the red in pre-market. Tesla fell more than 2%.

The move in futures came after the Dow closed at a record high in the previous session. The market experienced heightened volatility amid the continued fallout after a hedge fund was forced to liquidate its position in several media stocks.

ViacomCBS and Discovery both slid on Monday after registering heavy losses last week prompted by Archegos Capital Management selling large blocks of stock late last week.

Bank stocks also declined on Monday, with Credit Suisse and Nomura posting heavy losses after warning of “significant” hits to first-quarter results following the hedge fund’s selling.

Still, despite the recent volatility, the Dow and S&P 500 are firmly higher for the month, the Dow gaining 7.2% and the S&P vaulting 4.2%.

Overseas, in Japan, the Nikkei 225 gained 0.2% Tuesday, while in Hong Kong, the Hang Seng jumped 0.8%.

Oil prices were dragged down 95 cents to $60.61 U.S. a barrel.

Gold prices retreated $25.70 to $1,688.50 U.S.