Economics

640 readers

129 users here now

founded 2 years ago

442

U.S. stock market loses $5 trillion in value in three weeks (www.cnbc.com)

submitted 1 day ago by [email protected] to c/[email protected]

56 comments fedilink hide all child comments

Summary

The U.S. stock market has lost over $5 trillion in value in three weeks as the S&P 500 fell 10% from its record high.

The decline, driven by concerns over Trump’s trade policies and slowing economic growth, has led to weaker consumer sentiment and cautious corporate outlooks.

Barclays strategist Emmanuel Cau noted rising uncertainty among investors.

The selloff has also hit AI-related stocks, with Nvidia down 17% and the Magnificent Seven ETF falling 16%.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 14 points 1 day ago (1 children)

Nobody has ever ran business like this before - believe me. Experts look at it and, and they - the experts - they say wow. Just WOW. They just can't find them - the words. The words. The words - they just come to me. Such beautiful words. Just the other day, a successful business owner came up to me and said sir - you have such beautiful words. Can you believe that? Such a strong business man. No surprise. He's clearly so smart. But I can just say words and people love them. Words together; words apart. Never together unless it's in an ok way. But we'll figure that out. You know what I mean. But we'll figure that out. We'll figure it out with the experts. The experts - states. The states figure that out.

[–] [email protected] 1 points 1 hour ago

I hate how real this feels.