ABSOLUTE BLOODBATH IN US STOCKS.

$1.2 trillion has been wiped out from the US stock market in the last 40 minutes as bond yields dump.

S&P 500: -1.56%
Nasdaq: -2.28%
Semiconductors (SOXX): -6.02%

Investors are pulling money out of stocks and moving it into the safety of bonds.

With uncertainty over inflation and AI stocks, more buyers are rushing into Treasuries. That pushes bond prices up and yields down.