SPX -1.33%, VIX +24%, gold bid, crypto weaker. Defensive leadership (Staples, Energy) with growth hit hardest.
Market Overview (what moved)
Today was not a “slow bleed” kind of session. It was a clean risk-off shakeout.
The S&P 500 fell -1.33% (6,740) while volatility surged — VIX +24.17% (29.49). When those two move together like that, it usually means positioning is being cut, not gently rotated.