Wall Street’s rally hit a wall Friday as investors dumped stocks amid a sharp jump in Treasury yields, another surge in oil prices and ongoing fears about the Iran war. The Dow Jones Industrial Average fell over 500 points in afternoon trading, while the S&P 500 slid more than 1% and the Nasdaq Composite dropped about 1.5% as traders fled high-growth tech names that had powered the market’s record-setting run in recent weeks. The selloff gathered steam after the 30-year Treasury yield shot above 5.1%, approaching levels not seen in nearly two decades and rattling investors already on edge over inflation and geopolitical turmoil. A sharp rise in bond yields and renewed inflation fears sparked a broad selloff on Wall Street. REUTERS Oil prices climbed after President Trump warned he was running out of patience with Iran, fueling concerns that tensions in the Middle East could worsen and further disrupt the Strait of Hormuz — one of the world’s most critical shipping lanes for crude.…