The major U.S. stock indices closed Friday mostly in the red - players fear that the market is overvalued. Only the NASDAQ showed positive dynamics at the end of the session, The only index that closed the session in positive territory was the NASDAQ, which added 0.56%; the Dow Jones and the S&P 500 dropped 1.5% and 0.48%, respectively. After the market rally that lasted for several weeks in a row, investors started to doubt the adequacy of the quotes, causing a correction, analysts said. On Thursday, NASDAQ showed the worst results for 4 months, which was contributed by the players concern about the growth of inflation in the U.S., writes Reuters. The previous week was the worst for it since October as securities of technological giants dropped in price amid a sharp increase in yields of treasuries. For 10-year bonds, it reached 1.614% on Thursday before falling to 1.404% on Friday. The rise in yields is having some impact on stocks technology sector because their value is largely dependent on future earnings, which in turn are negatively impacted by rising interest rates, Reuters noted.