Market Downturn Continues

Thursday's trading session witnessed a notable downturn across the equity markets, particularly affecting the technology sector. The Nasdaq (^IXIC) index bore the brunt of this selloff, plummeting over 400 points, signaling widespread investor apprehension and a flight from riskier assets.

Further exacerbating the market's woes, electric vehicle giant Tesla (TSLA) saw its shares fall by more than 4% in early trading. This dip occurred just hours before the company's highly anticipated shareholder meeting, underscoring the prevailing bearish sentiment impacting major stocks and potentially influencing broader market dynamics.