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📉 The S&P 500 erases $2.1 TRILLION of market cap at the open.🔶️ This puts total market cap losses since July 16th at ~$5...
08/05/2024

📉 The S&P 500 erases $2.1 TRILLION of market cap at the open.

🔶️ This puts total market cap losses since July 16th at ~$5 TRILLION.

🔶️ That's $357 billion PER TRADING DAY for the last 14 straight trading days.

🔶️ In other words, the S&P 500 has erased 2 TIMES the value of Nvidia's, $NVDA, market cap in 14 days.

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