NEW YORK — U.S. stocks gave back some of last week’s rally, as bitcoin fell again on Monday.

The S&P 500 slipped 0.5 percent and broke a five-day winning streak. The Dow Jones Industrial Average dropped 427 points, or 0.9 percent, and the Nasdaq composite dipped 0.4 percent.

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Last week’s rally was largely due to rising hopes that the Federal Reserve will cut its main interest rate next week to help shore up the slowing job market. Such hopes are still high, with traders betting on a roughly 85 percent chance the Fed will cut at its next meeting, according to data from CME Group.

But yields for longer-term Treasurys nevertheless rose in the bond market Monday. It was part of a worldwide climb for yields after the head of the Bank of Japan hinted at a possible hike

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