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U.S. stock market loses $5 trillion in value in three weeks (www.cnbc.com)

submitted 1 day ago by MicroWave@lemmy.world to c/economics@lemmy.world

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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%.

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[–] cows_are_underrated@feddit.org 2 points 1 day ago

This is so true. For trading the saying "if everyone becomes XYZ no one is". This may make a single person rich, but once a technique is known the market will adapt because everyone uses it and thereby become useless. You can analyse the market as much as you want. You can understand every single thing of it and if this happens you will realise, that the market is truly random. I once saw a good video which explained this, but there is no way I ever gonna find that specific video