S&P 500 loses $4 trillion as tech stocks enter bear territory
AI summary
The S&P 500 has lost $4 trillion in market value as tech stocks fall into bear territory, driven by concerns over AI spending and broad equity declines. The selloff signals rising investor caution that could spill into risk assets, including crypto, if volatility persists beyond the headline index moves. Traders should watch for correlated drawdowns in digital assets as equity risk appetite weakens.
