Stock market wipes out over $1 trillion in a day
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3 Articles
Stock market wipes out over $1 trillion in a day
The United States stock market suffered massive losses on Friday, erasing more than $1 trillion in value in a single day as weak labor data and policy uncertainty rattled investors. To put these losses into perspective, all three major indexes closed lower, with the Dow Jones Industrial Average plunging 542 points, or 1.23%, to close at 43,588, its worst one-day drop since June 13. The benchmark S&P 500 sank 1.60% to end at 6,238, while the Nas…
US Stock Market Loses Over $1 Trillion—Is Bitcoin About to Follow? - Invest In Crypto News
The US stock markets saw a staggering wipeout, losing over $1 trillion in market value. Speculations for reasons are suggested as soaring inflation and sweeping new trade tariffs triggered widespread investor panic. The Dow plunged 1.2%, the S&P 500 slid 1.6%, and the Nasdaq dropped 2.2%, contributing to the multi-hundred-billion-dollar decline across equities. The dollar sank in its steepest one-day fall since April 10, while Treasury yields dr…
U.S. Stock Market Loses $1.11 Trillion Amid Macro Turmoil | BitPinas Live Crypto Updates | Aug. 02, 2025
From the US Stock Market to crypto liquidations, from the US SEC to Hong Kong, we’re tracking today’s most important crypto and AI stories as they unfold. This article will be updated throughout the day.
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