Stock Market Today: Dow rises, but S&P 500 and Nasdaq are dragged lower by weakness in chips and tech stocks; Treasury yields and oil prices fall; investors eye Fed decision and big tech earnings - MarketWatch

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- Dow Jones rose while the S&P 500 and Nasdaq were dragged lower by weakness in chip and tech stocks, with Treasury yields and oil prices also falling as investors eyed the upcoming Fed decision and big tech earnings (MarketWatch).
- Chip stocks continued to tumble, pulling the S&P 500 down despite an Iran fighting pause, according to CNBC's live coverage.
Why it matters: The split between the Dow and tech-heavy indices shows investors rotating away from semiconductors and growth names even as falling oil prices and Treasury yields eased broader macro pressures, leaving the Fed decision and big tech earnings as the next directional catalysts.