The buck's latest surge comes as rising Treasury yields attract funds, and so-called 'U.S. exceptionalism' - a strong economy containing many of the world's biggest and most successful companies - encourages global investors to buy American assets.

The tech-heavy Nasdaq Composite fell 1.58% while the S&P 500 lost 1.12%. The Dow Jones shed 333 points to end the day.

The Roundhill Magnificent Seven ETF, which holds Nvidia, Apple Inc., Microsoft Corp, Google parent Alphabet Inc., Amazon.com Inc., Tesla Inc. and Facebook parent Meta Platforms Inc, was up 2.3%, according to FactSet data, at last check. That exceeded the S&P 500’s 1.3% rise.

Futures fell as Treasury yields kept rising after the stock market sold off Tuesday. Here's what to do now. These freshly redesigned mid-size SUVs both have an off-road focus. Here's how they stack up in terms of passenger and cargo space,

U.S. equity futures edged higher in early Tuesday trading, while Treasury yields steadied and the dollar slipped, as investors looked to the first of a series of job market data releases that could test the market's early January rally.

The Dow Jones Industrial Average and S&P 500 erased most of the morning's losses at midday Wednesday, but small caps were down sharply. Nvidia tested a key level after suffering a huge drop on Tuesday.