The S&P 500 has fallen more than 10% from its record high, entering a correction and shedding trillions of dollars in market value.

Summary

The U.S. stock market has lost over $5 trillion in value in three weeks as the S&P 500 fell 10% from its record high.

The decline, driven by concerns over Trump’s trade policies and slowing economic growth, has led to weaker consumer sentiment and cautious corporate outlooks.

Barclays strategist Emmanuel Cau noted rising uncertainty among investors.

The selloff has also hit AI-related stocks, with Nvidia down 17% and the Magnificent Seven ETF falling 16%.

    • slazer2au@lemmy.worldEnglish
      71·
      28 days ago

      True, but that doesn’t apply here because it implies you want to buy it at the bottom and sell at the top.

      Where if you are holding long term buying at any point after a drop is a good time.

        • slazer2au@lemmy.worldEnglish
          5·
          27 days ago

          My believe is at some point the lobbyists of the 1% that have seen their wealth eroded by a sizeable chunk will have a stern discussion with the orange megacunt and he will back down to just a regular orange cunt.

          Anyone with half a brain will know that ww3 will kill any semblance of power and influence the wealthy have now. This isn’t the Fallout universe where a select few will rise from the ashes. It will kick us closer to the age of strife in 40K

      • BakerBagel@midwest.social
        4·
        27 days ago

        Or you buy stock in company that has just entered into a death spiral. There is still an actual business that you are buying stocks for, and they can always fail in a downturn

    • djsoren19@lemmy.blahaj.zoneEnglish
      2·
      27 days ago

      I mean, if you did the smart thing and followed the billionaires, you should have sold off during the bump in January and converted to holding cash. Even if you’re just buying a 15% dip, you’ll still be able to make an easy 40-50% increase once the markets correct.

      Personally, I think the bottom is a lot lower than this, so I’m willing to wait a bit longer, but financial markets are literally where you want to catch a falling knife. Orrrr the markets will collapse, and the dollar will lose all value, at which point where you bought the dip isn’t gonna matter.