
The S&P $SPX is showing a bearish futures open, breaking below the key $6,700 support level held throughout the year. Broad market weakness is visible across the US 30, US 500, US Tech 100, and Small Cap 2000, with the latter leading declines at -2.33%. Conversely, the S&P 500 VIX has spiked over 6% to a level of 28.15, indicating increased market volatility.