Nasdaq Dives as Iran Troop Talk Triggers Market Selloff and Oil Rally

U.S. stocks fell Friday after reports the U.S. could deploy ground troops in Iran, fueling risk-off selling that pushed the Nasdaq about 2% lower while the S&P 500 and Dow slipped. Oil rose to session highs as Treasury yields climbed and traders weighed geopolitical risk during quadruple witching, a period of large option/futures expirations. The move broad-based hit rate-sensitive sectors; FedEx rose after lifting its full-year outlook, underscoring a mixed backdrop amid ongoing energy and inflation concerns.