S&P 500 moves sharply with $500 billion swing, Peter Tuchman notes

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20 hours ago

S&P 500 moves sharply with $500 billion swing, Peter Tuchman notes — S&P 500 sees $500 billion swing

Peter Tuchman reports that the S&P 500 recorded a $500 billion market cap swing in early trading.

The index saw gains of 0.83% at 9:40 a.m. before turning flat at 11:05 a.m.

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In prior sessions, Peter Tuchman reported that the S&P 500 added over $350 billion in market cap as the index climbed 0.55% in a single day, according to his earlier coverage. He also noted that the index has gained more than $1 trillion in market cap since its July 8 low, as shown in a recent article. These figures add context to the recent $500 billion swing in early trading.

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