
US Stock Market Today | Dow Jones | Nasdaq Highlights: US markets closed mixed as Nasdaq fell on profit booking and higher Treasury yields, while Dow gained. Oil prices surged on supply disruption concerns, pushing inflation fears higher. Energy stocks outperformed, Nvidia earnings are awaited, and Regeneron dropped after a failed drug trial.
The technology-heavy Nasdaq closed lower on Monday as investors booked profits while surging Treasury yields and high oil prices fueled concerns that inflation and borrowing costs could stay elevated.
The 10-year Treasury yield, the benchmark for global borrowing costs, climbed to its highest level since February 2025 earlier in the session as continued worries about the disruption of oil supplies stoked concerns that high inflation would keep borrowing costs elevated. U.S. crude settled up more than 3% after a volatile session. Oil pared gains after settlement when U.S. President Donald Trump posted on social media that he was holding off on a planned military attack on Iran scheduled for Tuesday, while efforts continued to reach a deal. But he added the United States was ready to resume attacks in the absence of a deal. Read more



Gold edged up on a weaker dollar, but gains were limited by rising bond yields and higher oil prices amid Iran war-driven inflation concerns.
Higher Treasury yields reduced gold’s appeal, while expectations of tighter monetary policy added pressure. Oil’s sharp rally and easing demand outlook also weighed, prompting some banks to cut gold price forecasts.
- Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York
Nvidia CEO Jensen Huang said he expects China’s market to gradually reopen to US chipmakers despite current restrictions. While Nvidia has US approval to sell H200 chips, China has not cleared them, and recent Trump-Xi talks yielded no immediate progress.



U.S. President Donald Trump will host a swearing-in ceremony for incoming Federal Reserve Chair Kevin Warsh at the White House on Friday, a White House official said. The event will formally mark Warsh’s assumption of leadership at the central bank.
- RSM US LLP chief economist Joseph Brusuelas
- Rebecca Babin, senior energy trader at CIBC Private Wealth Group

The U.S. is set to issue a new waiver allowing sales of Russian crude already loaded on tankers, days after the previous license expired. The waiver, which could extend beyond 30 days or be renewed, reflects efforts to ease supply pressures caused by the Iran war.
The move highlights Washington’s attempt to curb rising fuel costs, though it may frustrate European allies pushing stricter sanctions on Moscow. Meanwhile, Asian importers and developing nations have lobbied for continued relief to secure energy supplies.
- Elias Haddad at Brown Brothers Harriman & Co.
Global bond yields have surged to multi-year highs amid concerns the Iran conflict could fuel persistent inflation, pushing central banks toward further rate hikes. U.S., European and Japanese yields climbed sharply, raising borrowing costs and threatening growth across governments, businesses and households.
Investors are increasingly pricing in tighter monetary policy as inflation data strengthens. While short-term funding markets remain stable, rising yields are pressuring equities and public finances, with G7 leaders closely watching the risk of a broader economic slowdown.

- Robert Pavlik, senior portfolio manager at Dakota Wealth
The U.S. dollar weakened against major currencies as oil prices declined and Treasury yields pulled back from recent highs, following reports that Washington may ease sanctions on Iranian crude. The euro and sterling gained, while the dollar index edged lower after a strong prior week.
Markets remain focused on inflation and interest rate risks, with rising energy costs fuelling expectations of tighter policy. Investors are also watching the Federal Reserve’s stance under new leadership, as rate hike bets increase and global bond market volatility persists.






