USD Sentiment Mixed as US Stocks Close Volatile Session with NASDAQ Down 0.97%

US equity markets closed mixed after an extraordinarily volatile trading session, generating mixed signals for USD-related forex pairs. The Dow Jones Industrial Average eked out a 86.03-point gain (+0.17%) to close at 50,877.10, while the S&P 500 declined 19.06 points (-0.26%) to 7,386.66 and the NASDAQ fell 250.84 points (-0.97%) to 25,678.82. Intraday ranges were exceptional, with the NASDAQ swinging across 1,279 points, the S&P spanning 244 points, and the Dow traversing a 1,050-point range. The S&P reached session lows 167.87 points below its close, while the Dow dipped as much as 575 points before recovering. The tech-heavy NASDAQ underperformance suggests risk sentiment remains fragile, which could weigh on risk-sensitive currencies like AUD and NZD while supporting safe-haven flows into JPY and CHF. The extreme volatility indicates heightened uncertainty in broader markets. Forex traders should monitor whether this equity instability translates into sustained USD demand as a safe haven or whether dollar selling emerges on concerns about US economic momentum.