U.S. stocks fell on August 10 as a more than 5% intraday jump in the front-month September WTI crude futures contract, driven by mounting Middle East tensions, pushed long-term bond yields higher and triggered profit-taking in a market trading near all-time highs. The Dow Jones Industrial Average reversed course from prior gains and closed at 53,975.98, down 60.95 points, or 0.11%, while the tech-heavy Nasdaq Composite ended at a preliminary 26,605.357, down 85.258 points, or 0.31%. Oil-market anxiety followed an August 9 attack by Yemen's Iran-backed Houthi rebels on Saudi Arabian oil facilities and comments from Iranian Foreign Minister Abbas Araghchi that Iran would not re-engage in nuclear deal negotiations until the U.S. remedies its violations and provides compensation. Reuters also reported that Iranian Foreign Ministry spokesman Nasser Kanaani said talks with Oman on shipping lanes in the Strait of Hormuz were proceeding "smoothly and constructively," though coordination issues over a joint statement meant uncertainty had not fully cleared. Company-specific financing news added to the pressure: the Financial Times reported Nvidia was planning a $500 billion fundraising effort with Apollo Global Management, Blackstone and BlackRock for AI infrastructure, while Intel announced a public offering to raise about $15 billion, heightening concern about share dilution. Apple fell after an analyst downgrade, while Chevron, Salesforce and Cisco Systems advanced. The session's decline reflected two negative catalysts hitting a historically elevated market at once: geopolitical risk around energy supplies and fears that higher oil prices could keep inflation and borrowing costs elevated.