The S&P 500 has shed approximately $3.3 trillion in market value since June 2, as U.S. equities experienced a broad market selloff.
Losses were led by major technology stocks, with companies such as NVIDIA, Microsoft, Amazon, and Alphabet facing notable selling pressure amid concerns over global economic conditions, interest rates, and geopolitical tensions.
The decline reflects growing investor caution following an extended rally driven largely by artificial intelligence and technology-related stocks.
English