RSS Bot@lemmy.bestiver.seBM to Hacker News@lemmy.bestiver.seEnglish · 5 days ago

$2.5T has been wiped from US stocks

finlaws.substack.com

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$2.5T has been wiped from US stocks

finlaws.substack.com

RSS Bot@lemmy.bestiver.seBM to Hacker News@lemmy.bestiver.seEnglish · 5 days ago

The Nasdaq wiped out roughly $2.5 trillion in market cap on Thursday, officially pushing the index into correction territory.

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5 days ago
And yet, nothing of value to humanity was lost.
- abc@suppo.fi
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  Both literally and numerically, if nobody liquidated those losses.

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