Broad-Based Selloff Exposes Risk Aversion as Only Defensive Sectors Hold Ground
A sharp decline across major indices revealed heightened investor anxiety, with the S&P 500 dropping 1.33% and the Russell 2000 plunging 2.33%. Only consumer staples and energy managed gains as technology and materials led losses, while the VIX surged to 29.49, signaling elevated fear and a pronounc