Bearish

S&P 500 wipes out $2.2 trillion in market value in 55 minutes

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1 min
S&P 500 wipes out $2.2 trillion in market value in 55 minutes

U.S. equities sold off sharply: the S&P 500 erased $2.2 trillion in market value within 55 minutes. The drop is twice the size of the previous day’s post-election rally. The Nasdaq 100 is about 6% above the bear‑market threshold, defined as a 20% decline from its recent peak. Source

Original publication

Authors credited by the source: thekobeissiletter

Published by Holder based on an external source.