Oil Near $90, Yields Near 4.7%: Wall Street Rotates Out of Tech and Into Energy
Stocks are mostly flat to lower at midday as oil nears $90 and the 10-year yield tops 4.72% on Strait of Hormuz tensions. Energy, semis, and solar lead while rate-sensitive sectors lag; DDOG and NVDA outperform as ONON and PRPL sink on guidance misses.