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The S&P 500 suffered a significant decline today, losing $1 trillion in market capitalization and closing down 1.7%.
Peter Tuchman highlighted that the index has now dropped by $3.5 trillion over the past month, reflecting a 6.2% decrease. The S&P 500 is currently trading at its lowest level since September 2025.
Last month, Tuchman reported that the S&P 500 dropped $800 billion in market cap in a single session, contributing to a monthly loss of $2.5 trillion and a 4% decline at the time. Earlier this year, he highlighted a two-day period when the index gained over $700 billion in value. Market swings have remained pronounced in recent weeks.