US Stocks and Bitcoin Decline Amid Investor Caution

"...kicked off the week on a sour note..."

"...tumbling as a risk-off attitude spread through markets..."

"...Wall Street’s fear gauge, the VIX, jumped 15%..."

"...CNN’s Fear and Greed index traded in “extreme fear” and hit its lowest level since early April..."

"...Tech stocks have come under pressure as concerns linger about expensive valuations and enormous spending plans by Big Tech..."

"...The recent stock market rally is also being tested as investors adjust to the prospect that the Federal Reserve might pause its interest rate cut cycle at its policy meeting next month..."

"...Nerves are mounting that the central bank may prioritize concerns about stubborn inflation..."

"...Investors this month have also rotated out of high-flying tech stocks and moved into sectors that have lagged behind and look relatively affordable..."

"...This rotation is both expected and welcome, as it should unwind some of the frothiness … and allow this bull market the opportunity to catch its breath before resuming its advance..."