Nasdaq 100 Extends Losses to 5% as S&P 500 Falls 2.8%

U.S. stocks came under broad pressure as the Nasdaq 100’s decline widened to 5% and the S&P 500 fell 2.8%, a risk-off signal relevant to crypto markets. Both U.S. stock indexes posted losses, with the Nasdaq 100 falling more sharply. The S&P 500’s decline shows that weakness also reached another major U.S. equity benchmark. Together, the moves point to pressure across U.S. equities rather than a drop confined to one index. For crypto markets, that creates a risk-off backdrop that may weigh on sentiment toward digital assets.

Source: TokenPost