The S&P 500 has fallen more than 10% from its record high, entering a correction and shedding trillions of dollars in market value.

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%.

  • Jhex@lemmy.world
    6·
    2 days ago

    Will it be ok? Will people around the world just go back buying american after Trump folds?

    • faberyayo@lemm.ee
      4·
      1 day ago

      The markets don’t necessary react to people boycotting US products at the moment. It’s more the uncertainty with the tariffs and other decisions from Washington.