S&P 500 down 1.01%, with NASDAQ underperforming at -1.40%, as risk-off sentiment prevails.
Energy and Industrials are the only sectors in positive territory, up 1.09% and 0.22%, respectively, while Communications and Tech are the largest decliners.
The VIX surges 12.33% to 18.77, while the 10Y Yield falls 0.61% to 4.54, indicating a shift towards safer assets.
META, GOOGL, and TSLA lead the decline among major tech stocks, with losses ranging from 2.01% to 3.11%.
MSFT, NVDA, and AMZN are being closely monitored, given their significant declines, with losses of 1.47% to 1.60%, and potential implications for the broader tech sector.