The global stock market faced a significant decline on Tuesday, with the S&P 500 dropping over 1% and tech stocks, particularly Nvidia, leading the losses. Bitcoin fell below $100,000, reflecting a broader retreat from riskier assets, while gold also dipped by 1.5%. Concerns over high AI valuations and warnings from investment bank CEOs about potential stock pullbacks contributed to the market jitters. Despite this, the S&P 500 is still up 16% for the year, indicating underlying market resilience.
