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

submitted 2 days ago by MicroWave@lemmy.world to c/economics@lemmy.world

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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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[–] faberyayo@lemm.ee 10 points 1 day ago (2 children)

For those who need it; don't sell. It will be okay, just wait it out.

[–] Jhex@lemmy.world 9 points 1 day ago (1 children)

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

[–] faberyayo@lemm.ee 6 points 15 hours ago (2 children)

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.

[–] SpaceCowboy@lemmy.ca 3 points 12 hours ago

So it's a bet that Trump will someday have stable economic policies. How much money are you betting on that?

[–] Jhex@lemmy.world 3 points 12 hours ago

They will when they lose international markets and all their supply chains that are not entirely in the USA charge them the "we need to price in your bipolar president risk" fees

[–] RizzoTheSmall@lemm.ee 10 points 1 day ago (2 children)

If anything it's a good time to buy. It's still 100% up over 5 years.

[–] jbk@discuss.tchncs.de 10 points 1 day ago

i predict way more blunders going forward by the two daddies of the usa…

[–] faberyayo@lemm.ee 1 points 1 day ago

Agree. Unfortunately, I'm already 95% in market.