The Dow dropped over 1,000 points today as tensions between the U.S. and Iran escalated. Brent crude prices rose toward $85 due to fears of shipping disruptions in the Strait of Hormuz. This energy spike is causing concern that inflation might stick around, which could complicate the Fed's plan for rate cuts. Retail and airline stocks were weak, and specific drops included Moog (-6.7%), Comfort Systems (-6.5%), and nLIGHT (-7.6%).