Dow Grinds to a Gain as Chip Selloff Drags Nasdaq Lower and Oil Craters on Iran Pause
The Dow added 235 points and the S&P 500 edged higher, but the Nasdaq slid 0.6% as chip stocks extended their AI-capex pullback. Oil tumbled on a U.S.-Iran strike pause, Palantir, Shopify and SAP rallied, Intel fell despite beating earnings, and the Fed's FOMC meeting begins tomorrow.