What started with investors trimming AI-related stocks and probably profit-taking, ended up spooking the entire market and spurred panic selling. A majority of stocks experienced declines today.
S&P 500 ended the day...
-334.89 or -4.36%
That means it's down roughly 5.7% from it's recent peak
Dow ended the day...
-1,833.06 or -3.44%
Down roughly 5.2% from it's peak
Nasdaq ended the day...
-1,421.42 or -5.52%
Nasdaq experienced a "correction." A correction is a decline of 10%-20% from a recent peak. The peak was October 6th, and as of today is down 11% from that date.
The Volatility Index (VIX) ended the day up 69.66%