DAPP is trading at $18.76 (-1.52%) as renewed U.S.-Iran military conflict pushes Brent crude toward $90–$91, reviving inflation and interest-rate concerns.
- Technology stocks face added pressure from higher-rate sensitivity, elevated valuations, and recent semiconductor profit-taking.
- Hawkish comments from Federal Reserve Chair Kevin Warsh at Jackson Hole kept additional rate hikes in focus.
- Nasdaq and S&P 500 are lower, while semiconductor weakness after Broadcom’s outlook reinforces a broad risk-off session.