Global stock markets experienced a significant downturn on Monday, with the CBOE Volatility Index (VIX) spiking to its highest level since 2020, reflecting rising investor fear amid concerns about the U.S. economy and escalating tensions in the Middle East. The S&P 500 and tech-heavy Nasdaq saw declines of 4.1% and 6.3%, respectively, while Japan's Nikkei 225 dropped 12.4%, the largest point decline in history. Analysts attribute the market's volatility to disappointing earnings from tech companies, fears of an economic slowdown in the U.S., and a reevaluation of inflated tech stock valuations, particularly in AI. Additionally, political unrest in Bangladesh has led to widespread violence and significant casualties, further contributing to a sense of fear and uncertainty globally. The CNN Fear & Greed Index has also moved into the extreme fear territory, indicating a shift in investor sentiment as they seek safer assets amid the market turmoil. Overall, the confluence of economic, political, and market fears is driving a wave of uncertainty across international markets.