US stock market crashes today: why Dow Jones, S&P 500 and Nasdaq are down today? Wall Street turns red as gold and silver prices also slip. The Dow Jones falls below 49,200. The S&P 500 slips near 7,160. The Nasdaq drops over 50 points. Losses look small. But the signal is bigger. Oil jumps above $100. That sparks fresh inflation fears. Investors react fast. Risk appetite weakens across Wall Street. At the same time, gold and silver prices fall. That surprises many traders. It shows liquidity stress, not safety demand. Meanwhile, tech sentiment turns cautious after Microsoft’s OpenAI shift. Add Federal Reserve uncertainty, and pressure builds.