Dow, Nasdaq Down Triple Digits as 10-Year Yield Tops 5%

AI headwinds, rising oil prices, and bond yields are all weighing on markets today

All three major indexes are heading for their fifth loss in the last six days, as the AI infrastructure trade falters and oil prices keep climbing. The Dow Jones Industrial Average (DJI) and Nasdaq Composite Index (IXIC) are off more than 200 points each, after Anthropic CEO Dario Amodei’s call for an AI slowdown disrupts the tech sector. Elsewhere, Brent crude earlier climbed above $109, while the 10-year Treasury yield surged to 5% — its highest mark since October 2023. 

Continue reading for more on today’s market, including:

• Watch close this surging oil stock today.
• The AI warning hit CoreWeave stock hard.
• Plus, PLAY options red hot; CHWY bounces back; and analyst slams energy stock.

Dave and Buster’s Entertainment, Inc (NASDAQ:PLAY) is 0.6% higher at $8.13 this afternoon, as investors gear up for the entertainment company’s second-quarter earnings, due out after the closing bell today. So far in 2026 PLAY has shed 50% and remains near its six-year lows, with overhead pressure stemming from the descending 100-day moving average. Options traders are circling, with 2,884 calls and 1,797 puts across the tape, six times the average intraday rate. Seeing the most attention is the January 15, 2027 18-strike call, where buy-to-open activity is present.

Chewy Inc (NYSE:CHWY) stock is up 5.6% to trade at $21.59, one of the best names on the New York Stock Exchange (NYSE), pivoting higher after last week’s 10.8% post-earnings selloff. CHWY has bounced off $20, but still sports a 34% year-to-date deficit.

One of the worst stocks on the NYSE today is GE Vernova Inc (NYSE:GEV), last seen down 9% at $871. GLJ Research initiated coverage with a “sell” rating and $470 price target, roughly half the stock’s current price. GEV is up 33% for 2026.