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%.

  • Jhex@lemmy.world
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    1 day ago

    Will it be ok? Will people around the world just go back buying american after Trump folds?

    • faberyayo@lemm.ee
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      7 hours ago

      The markets don’t necessary react to people boycotting US products at the moment. It’s more the uncertainty with the tariffs and other decisions from Washington.

      • SpaceCowboy@lemmy.ca
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        3 hours ago

        So it’s a bet that Trump will someday have stable economic policies. How much money are you betting on that?

      • Jhex@lemmy.world
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        4 hours ago

        They will when they lose international markets and all their supply chains that are not entirely in the USA charge them the “we need to price in your bipolar president risk” fees