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VisitWhich sector will recover the fastest from the $1.2 trillion loss by the end of 2024?
Technology • 25%
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Publicly available sector performance data
U.S. Stock Market Loses Up to $1.2 Trillion in One Day
Sep 3, 2024, 08:25 PM
The U.S. stock market experienced a significant downturn today, with over $1.05 trillion wiped out in market capitalization. This substantial loss, which some reports estimate as high as $1.2 trillion, has been widely reported and marks a major financial event, often referred to as 'Black Monday.' Various sources confirm the magnitude of the market's decline, including the $SPY, highlighting the severe impact on investors and the broader economy.
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