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But we saved everything 🙂.
Peter Tuchman reports that the S&P 500 has increased its market capitalization by over $1 trillion in a single day.
The index rose 1.8 percent, highlighting a significant gain in equity markets.
Earlier this month, Tuchman reported that the S&P 500 lost around $400 billion in market cap, breaking a nine-day rally with a 0.5% decline. In a separate update, he noted the Dow Jones closed at a record high as investor optimism increased. These recent swings have contributed to ongoing fluctuations in U.S. equity benchmarks.