Stock market today: Dow, S&P 500, Nasdaq drop as Hormuz tensions increase

Small caps just pushed the Russell 2000 index (^RUT) to its first intraday record high in nearly two weeks, and its fourth of the year.

But the story this morning is the seemingly unstopple juggernaut: semiconductors. The PHLX semiconductor index (^SOX) is tracking its 22nd win in the last 23 sessions, as it claims its 15th intraday all-time high of 2026.

Here are this morning’s intraday record highs:

Dow Jones Sectors/Industries: Heavy Construction, Technology

Indices: Russell 2000 (^RUT)

Large-cap sector ETFs: Technology (XLK)

Small-cap sector ETFs: Small-cap tech (PSCT)

Industry/Style/Country ETFs: South Korea (EWY), Semiconductors (SOXX), High Beta (SPHB), Value (VLUE)

Consumer discretionary stocks: Casey’s (CASY), eBay (EBAY), Vishay (VSH)

Financial stocks: Cboe (CBOE)

Industrial stocks: ASGN (ASGN), Emcor (EME), Comfort Systems (FIX), Powell Industries (POWL), Quanta Services (PWR), Tsakos Energy Navigation (TEN)

Energy stocks: Petrobras (PBR)

Tech stocks: AXT (AXTI), Alphabet (GOOG, GOOGL), Micron (MU), MaxLinear (MXL), NXP Semiconductors (NXPI), Silicon Motion (SIMO), Sandisk (SNDK), STMicroelectronics (STM), Seagate (STX), Western Digital (WDC)