The American stock market witnessed a significant sell-off, with major indices closing sharply lower, leaving investors concerned and questioning the underlying causes behind the sharp downturn. The S&P 500 suffered a notable decline of 1.17%, marking one of its largest single-day drops in recent weeks. Meanwhile, the technology-heavy Nasdaq Composite faced even steeper losses, falling by 2.04% as tech stocks contributed to the overall market weakness. While the Dow Jones Industrial Average showed resilience, it still declined by 0.53%. Experts attribute this broad market slump to a confluence of factors including rising bond yields putting pressure on growth stocks, particularly impacting the Nasdaq, and anxieties about corporate earnings reports and potential economic slowdown. The volatility in US stock indices reflects the uncertain nature of the current market landscape.