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But we saved everything 🙂.
The Nasdaq fell 5.4 percent, resulting in a $2 trillion loss in market value in a single day.
Gunjan Banerji reported that this puts the index on track for its largest one-day decline on record.
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The Nasdaq Composite had previously fallen 2.6 percent in its second worst session of the year, as reported by Banerji in June. That drop marked its largest single-day decline since earlier this summer. Separately, Banerji noted expectations from GS that the FOMC could consider pausing rate hikes after its March meeting if inflation improves, according to a recent article.