Dow, S&P 500, and Nasdaq are falling as the stock market reacts to the CPI inflation report and Trump's threats of more Iran attacks.

Stock Market Today: The Dow Jones index rose Tuesday after Trump said a U.S.-Iran deal could be reached in "two or three days."

Chip stocks remain a pressure point; oil prices drop

Fresh tensions between US and Iran has dampened investor hopes of a swift resolution to the war. As a result, the US stock futures are pointing towards a tepid start for Wall Street today.

U.S. equities tumbled Friday because of a violent sell-off for chip stocks. The tech-heavy Nasdaq Composite lost 4% for its biggest decline since the tariff turmoil of early 2025. The catalyst for the chip turn this week was unclear.

Major equities indexes surged Monday as chip stocks rebounded, while oil prices pared gains as President Donald Trump said Israel and Iran were "looking to do an immediate ceasefire" after they exchanged military strikes.

The Nasdaq’s slide has snowballed into a full-blown selloff. The tech-heavy index tumbled 2.9% on Friday. It’s down 3.5% this week, on pace for its worst weekly performance since April 4, according to Dow Jones Market Data. It’s also on track for its worst daily performance since Oct. 10.