S&P 500 market cap drops by $2 trillion since June 2 peak, Peter Tuchman notes

S&P 500 market cap drops by $2 trillion since June 2 peak, Peter Tuchman notes
S&P 500 sheds $2 trillion since high

Peter Tuchman reports that the S&P 500 has lost over $2 trillion in market capitalization since reaching a record high on June 2.

He highlights that the index is down 3.3 percent since that date.

Tuchman recently noted that the S&P 500 saw a $1.6 trillion decrease in market capitalization over five trading days. Earlier this month, he reported that the Dow Jones reached a record high. These developments have contributed to shifting sentiment across equity benchmarks.

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