S&P 500 Sectors Nearly All Decline; Telecom Falls 1.89%, Energy Gains 1.04%

The breadth of the selloff matters more than any single sector's move: ten of eleven sectors lower points to a broad de-risking rather than a rotation out of one group. Energy's lone gain stands apart, suggesting the session was driven by a sector-specific bid rather than a uniform macro signal. Whether that divergence persists or energy simply lagged the wider move is the open question for the next session.