June's lower-than-expected inflation report sparked market volatility, with traders now anticipating a September rate cut by the Federal Reserve. Tech stocks took a hit as large-cap indices like the S&P 500 and Nasdaq 100 fell, while assets sensitive to interest rates, such as small caps, REITs, and gold miners, rallied. This shift in market dynamics suggests that investors are rotating from top-performing sectors to those that may benefit from lower rates. Homebuilders and regional banks saw strong gains, while Bitcoin remained steady. Real estate stocks outperformed, with companies like SBA Communications and Alexandria Real Estate Equities leading the way. Overall, the market reacted swiftly to the inflation data, setting the stage for potential sectoral shifts in the coming months.