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But we saved everything 🙂.
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.