S&P 500 Sector Split: Tech Falls 0.9%, Telecom and Staples Lead Gains

The session's rotation into telecom, staples and energy while tech and discretionary lagged points to a defensive tilt rather than a broad risk-off move, since the index itself held up. For crypto and RWA markets, this matters less as a directional signal than as a reminder that digital assets still trade as a high-beta proxy for tech sentiment, so a continued tech underperformance would likely weigh on correlation-sensitive flows. The open question is whether this sector dispersion persists or reverses with the next macro print.