this post was submitted on 14 Mar 2025
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Economics

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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%.

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[–] sunzu2@thebrainbin.org 13 points 1 day ago (1 children)

Just in time for the boomers retirement... I wonder if this will finally make the gereatrics to turn on daddy

[–] shalafi@lemmy.world 9 points 1 day ago

Only for the very youngest. Most are long retired.