US Stocks Set to Erase $3.4 Trillion Post-Election Trump Rally
5 Articles
5 Articles
Stock market today: Dow sinks 650 points, S&P 500 wipes out post-election gains as Trump trade war intensifies - Overpasses For America
erased about $3.3 trillion in market cap since its record closing high of 6,144.15 on Feb. 19. At that time, the benchmark index’s post-election gains had been hovering at just around 6%. DJI – Delayed Quote • USD ^DJI ^GSPC ^IXIC Source link
US Stocks Set to Erase $3.4 Trillion Post-Election Trump Rally
Donald Trump’s return to the White House was cause for celebration on Wall Street. In the month after Election Day alone, the S&P 500 Index jumped more than 5%, adding some $2.8 trillion in value, on the expectation that the new administration would juice the economy.
Zornio: Inflation is up. People are fired. Stocks are down. Are we great again yet?
It’s been mere weeks since Donald Trump took office. So far, inflation has risen 3%. The price of eggs is up and predicted to rise another 41%. The stock market has slumped and destabilized.Are we great again yet? An estimated 30,000 workers were immediately fired. National Parks are cutting access and services. American farmers are losing millions of dollars. Trillions in grant funding and assistance programs are frozen, cut or delayed. Are we…
New York stock markets continue to sour during Tuesday's trading session. Given today's drop, Trump's entire presidential victory rally in the S&P 500 has gone up in smoke.
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