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But we saved everything 🙂.
Peter Tuchman reports that the S&P 500 has lost about $2.5 trillion in market capitalization over the past six days.
He raises the question of what is causing the sharp decline and signals a discussion about current market conditions.
Tuchman previously reported that the S&P 500 lost around $400 billion in market cap, ending a nine-day rally with a 0.5% decline. He also covered the session when the Dow Jones closed at a record high. These earlier moves contributed to heightened attention on U.S. equity benchmarks.