Enjoy the Ride: Dow Drops 100 Points as Soaring Dollar Sinks Stocks

Stocks are heading lower this morning as the strong dollar threatens to upend the market. The S&P 500 has fallen 0.4% to 2,133.85 at 10:28 a.m. today, while the Dow Jones Industrial Average has dropped 108.55 points, or 0.6%, to 18,053.80. The Nasdaq Composite has dipped 0.1% to 5,239.32. The U.S. Dollar index has gained 0.4% today. Evercore ISI's Dennis DeBusschere explains why the dollar is rising: