Stock market today: Dow, S&P 500, Nasdaq sell off as rising oil prices, bond yields, and AI capex weigh - Yahoo Finance
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- Dow dropped 500 points, with the S&P 500 and Nasdaq also ending sharply lower as rising oil prices, surging bond yields, and AI capex concerns hit simultaneously across all three major US indexes.
- Brent crude topped $100 and the 10-year Treasury yield reached its highest level since January 2025, with the cross-coverage headline flagging inflation fears sparked by the $100 oil price.
Why it matters: A 500-point Dow drop coinciding with oil at $100 and the 10-year Treasury at its highest yield since January 2025 is a rare triple-strike: $100 crude raises inflation expectations, which lifts yields, which pressures the AI-capex-heavy tech names that anchor the S&P 500 and Nasdaq — all in one session.
