What just happened?
At 9:45 AM ET, the S&P 500 was trading nearly +1.5% higher and tech stocks were sharply higher.
At 10:40 AM ET, selling pressure began to intensify without any major headlines in one of the biggest reversals of the year.
Just 2 hours later, President Trump said Iran shot down a US helicopter "last night" and that the US must "respond to this attack."
This sent the S&P 500 to a new low of the day, down 240 points since 9:45 AM ET.
In just 3 hours, the S&P 500 has erased -$2.1 trillion in market cap.
Volatility is back.
S&P 500 reversed sharply from +1.5% to down 240 points (-$2.1T market cap) in 3 hours after President Trump announced Iran shot down a US helicopter and the US must respond, triggering major selling pressure.
S&P 500 experienced one of biggest reversals of the year, dropping 240 points from highs after geopolitical escalation with Iran. Sharp intraday reversal from +1.5% to negative territory reflects risk-off sentiment driven by military conflict threat. No external data available to confirm current price levels.
关键要点
S&P 500 initially up ~1.5% at 9:45 AM ET with tech stocks rallying
Sudden selling pressure began at 10:40 AM ET without clear catalyst
Trump announced Iran shot down US helicopter and threatened response
Market reversed 240 points, erasing $2.1 trillion in market cap within 3 hours
