The S&P 500 index preliminarily closed down 1.1%, with the financial sector dropping over 3.4%, consumer discretionary down 2.4%, telecommunications down 1.5%, industrials and technology both falling at least 1.2%, while the healthcare sector rose 1% and consumer staples gained 1.3%.

The Nasdaq 100 index preliminarily closed down 1.3%. Among its components, Datadog preliminarily closed down 12.1%, Zscaler fell 11%, CrowdStrike dropped 10.5%, Atlassian declined 9.9%, AppLovin fell 9%, while Walmart rose 1.9%, Pepsi and Xcei Energy rose 2%, Baker Hughes gained 2.2%, and PayPal increased 5.5%. The Dow Jones preliminarily closed down nearly 900 points, with component stocks IBM down 13.3%, American Express down 7.7%, Visa down 4.9%, JPMorgan down 4.3%, Salesforce down 4.1%, Nike and Microsoft both down at least 3.4%, and Procter & Gamble up 2.6%, leading alongside Walmart. The Philadelphia Bank Index fell 4.4%.