S&P 500 Plunges 4.36% Amid Tech Rout and Global Flight to Safety

U.S. equities suffered sharp losses as an aggressive, technology-led selloff drove investors into sovereign debt and cash havens. The S&P 500 tumbled 4.36%, while the Dow Jones Industrial Average fell 3.44% and the Nasdaq Composite plunged 5.52% into correction territory. The rout, triggered by fears of heightened antitrust scrutiny and environmental regulations on AI infrastructure, pushed the VIX past 27 points. Safe-haven demand pulled the 2-year Treasury yield down 10.4 basis points to 4.48%, while global fallout pushed Japan's Nikkei 225 down 6.4% and plunged 10-year JGB yields to 2.627%.