The S&P 500′s rapid 10% decline from a record high into correction territory has wiped out trillions of dollars in market value.
The market value of the S&P 500 at its Feb. 19 peak was $52.06 trillion, according to FactSet. Thursday’s decline put the index’s market value down to $46.78 trillion.
That makes for a total loss of about $5.28 trillion in about three weeks.
Will the rate announcements cause S&P 500 to sink lower into the abyss??
Reference: cnbc.com/2025/03/14/us-stock-market-loses-5-trillion-in-value-in-three-weeks.html
The market value of the S&P 500 at its Feb. 19 peak was $52.06 trillion, according to FactSet. Thursday’s decline put the index’s market value down to $46.78 trillion.
That makes for a total loss of about $5.28 trillion in about three weeks.
Will the rate announcements cause S&P 500 to sink lower into the abyss??
Reference: cnbc.com/2025/03/14/us-stock-market-loses-5-trillion-in-value-in-three-weeks.html
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Nothing but rangebound price action this week
Nothing interests me and will be patient until next week.
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Neutral this week and it worked out great!This is this weeks price action
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UK, London
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.