Hlib Chabaniuk

S&P 500 market cap drops $250 billion, Peter Tuchman notes

S&P 500 market cap drops $250 billion, Peter Tuchman notes
S&P 500 sheds $250 billion value

Peter Tuchman, industry influencer, reports that the S&P 500 has lost around $250 billion in market capitalization so far today.

Major U.S. stock indexes are trading lower, with the Nasdaq down 0.32%, the S&P 500 down 0.37%, and the Dow Jones falling 0.72%.

Earlier this week, Tuchman reported the S&P 500 rose 0.44%, lifting its market capitalization by over $200 billion after a volatile session (link). In a separate period, the index experienced a $1.3 trillion change in market cap within just two hours, according to StockMKTnewz (link). Recent swings mark another bout of significant movement among U.S. equities.

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