Stocks Fall as Rising Geopolitical Risks Boost Crude Oil and Bond Yields

Major US indices are trading lower: the S&P 500 is down 0.50%, the Dow is down 0.67%, and the Nasdaq 100 is down 0.29% today. E-mini S&P futures are also slightly lower (down 0.48%), suggesting mild near-term risk-off positioning without evidence of a broader catalyst.