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Peter Tuchman highlights that after five consecutive record-setting sessions, the Dow Jones closed down 0.45 percent, with all three major U.S. stock indices ending in negative territory.
Tuchman expresses concern over the market setback and invites discussion on possible reasons for the reversal following a period of strong performance.
Tuchman recently reported that the S&P 500 shed $1.6 trillion in market capitalization over the last five trading days, according to his earlier coverage. He also noted last week’s session where the index fell 1.2 percent, losing $1 trillion in value. Both declines occurred as interest rates remained steady.