DAPP is trading at $18.92 (-3.12%) as rising borrowing costs pressure its 66.4% information-technology exposure and other growth stocks.
- Japan’s 10-year yield reached 3%, intensifying the global bond selloff and rate-hike concerns.
- Renewed U.S.-Iran tensions pushed oil toward $91, reinforcing inflation fears and lifting Treasury yields to 4.78%.
- Nasdaq futures fell about 1.2%; higher yields reduced the appeal of high-valuation technology, semiconductor, and software stocks. Dell and Palo Alto Networks earnings may add caution, but global macro risk is the principal driver.