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%.

  • Kit@lemmy.blahaj.zone
    21·
    22 hours ago

    That sounds intriguing. Do you have any resources you recommend to read more on Vanguard ETFs?

    • something_random_tho@lemmy.world
      2·
      22 hours ago

      I dove into Boglehead’s 3-fund portfolio guide. That would be a good place to start. You can also hire a finance person hourly for advice, which aligns their incentives with you (vs fee-based where they earn money on commission or dollars managed)