The Dow took a hit today, down 255 points, while the rest of the market barely blinked—Nasdaq down 1%, S&P 500 off half a percent. Global markets stirred with Iran chatter and oil nudging higher, while tech memory chips like SK Hynix and Micron retreated after recent gains. Home Depot rose on strong earnings, but shoppers remain cautious amid high rates. The real story? A handful of Dow stocks dragged the index down, flipping the script from last month’s tech-led rally. Rising Treasury yields are making borrowing costlier, putting pressure on growth stocks—and choppy trading may stick around until that shifts.
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