E-mini S&P 500 futures fell 1.5% as tech led market drop.
Markets faced notable pressure as technology shares pulled major equity indices lower. E-mini S&P 500 futures dropped over 100 points, or 1.5%, while the Nasdaq-100 slid nearly 3% amid renewed capital concerns across credit and equity markets. Meanwhile, Treasury markets rallied as investors sought safe havens, driving the U.S. 10-Year yield below 5%. In options activity, defensive positioning remained prominent, with put volume accounting for approximately 70% of total volume in E-mini S&P 500 options, highlighted by heavy trading across tomorrow's 7,640, 7,650 and 7,700 strike prices. In digital assets, bitcoin retreated more than $3,000 to trade near $81,300 after testing $85,000 overnight, reflecting broader pressure across risk-sensitive markets.