Today's market saw a significant tech sell-off and global chip rout, deeply impacting Asian markets overnight and dragging down the S&P 500 and Nasdaq-100. Despite the tech weakness, defensive sectors like consumer staples and healthcare remained positive. Economic data showed the composite PMI ticking up to a 5-month high of 52.2 in June, with manufacturing output reaching its fastest growth since July 2021. In the options market, ES call volume surged alongside soaring implied volatility. Additionally, Bitcoin slipped below 62,000 amid rate concerns. Finally, CME Group announced the upcoming launch of Single Stock futures, covering over 50 top companies from major indices.