Stocks trend in the red ahead of the closing bell, 10-year Treasury yields jump 3.6%

The Yahoo Finance Live team takes a look at the markets an hour before the closing bell on Monday,

Video transcript

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DAVE BRIGGS: Hey there, everybody, and welcome to "Yahoo Finance Live." Happy Monday. It is February 6. I'm Dave Briggs along with Jared Blikre. Let's get you up to speed now on what we have coming up for you this afternoon.

The United States military has shot down a suspected Chinese spy balloon that was flying over the Carolinas. Concerns over tension between the two countries is sending US-listed Chinese companies lower. We'll dig into the implications.

JARED BLIKRE: Plus it was-- well, it was an ugly week for big tech last week. But we've got more reports coming out your way tomorrow and today after the bell. We're gonna bring you results live from Pinterest, Take-Two, and Activision Blizzard later in the show.

DAVE BRIGGS: And after 34 years, two major beer brands are joining forces for one pricey 30-second spot in the Super Bowl. We'll sit down with two executives from Coors Light and Miller Lite, and ask them why 30 seconds could be worth $7 million.