Markets took quite a hit today across the board. The Dow Jones finished in the red, dropping 253.71 points to land at 47,860.55—that's a 0.53% dip. Not devastating, but definitely a step back.

The S&P 500 felt it harder though. Down 76.51 points or 1.13%, closing at 6,723.75. When the broader market index starts showing weakness like that, you know sentiment's shifting.

Nasdaq got hammered the most though—414.39 points lower, representing a 1.79% decline, settling at 22,697.08. That's the kind of move that tends to ripple through risk assets more broadly.

For crypto traders watching macro conditions, days like this matter. Traditional finance weakness often sets the tone for how capital flows into or out of digital assets. Tech-heavy Nasdaq moves especially tend to correlate with altcoin market behavior.