S&P 500 Tech Sector Falls 1.4%, Materials Down 0.55%

The rotation beneath the surface is the real story: tech's 1.4% drop dragged the benchmark while consumer discretionary and financials still managed gains, and most sectors finished higher. That divergence suggests the weakness is concentrated in tech rather than broad risk-off sentiment across the index. For crypto and RWA watchers, the read-through is indirect — tech-led equity softness has at times coincided with shifts in digital-asset risk appetite, but nothing here confirms that link. Whether the sector split widens into broader index pressure, or stays contained to tech, is the open question.