S&P 500 sheds $400 billion and breaks winning streak, Peter Tuchman notes

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S&P 500 loses $400 billion in value

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03.06.2026

S&P 500 sheds $400 billion and breaks winning streak, Peter Tuchman notes — S&P 500 loses $400 billion in value

Peter Tuchman highlights that the S&P 500 has lost approximately $400 billion in market capitalization today, marking a 0.5% decline.

The index's nine-day winning streak could come to an end based on current market performance.

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Tuchman previously reported that the S&P 500 achieved its 17th record close since March 30, alongside fresh highs in the Nasdaq earlier this year. He also noted the S&P 500’s longest winning streak since March 2023, with the index posting a ninth straight winning week and an $11 trillion gain in separate coverage. The latest downturn comes after this extended rally in U.S. stocks.

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