Stocks Crack Key Support, Crypto Crushed, Credit Bruised On Bezos' Bond Deal & Blue Owl Blow-Up

Markets chopped around early before breaking down as Europe closed ahead of a catalyst-heavy week where we will learn more on the AI story (NVDA), the consumer (WMT, TGT, HD, etc), and policy (FOMC mins, Fed speak, and NFP).

Small Caps were the worst performers with the rest of the majors down around the same 1.5% before some late-day buying (profit-taking o-DTEs) lifted stocks off their lows...