Massive Sell-Off in US Markets: $4 Trillion Wiped Out Since Last Month’s Peak

Global stock markets are reeling from a significant sell-off, with the US market taking a sharp downturn after President Donald Trump’s recent remarks. On Monday, Trump declined to rule out the possibility that his trade tariffs could trigger a recession, which fueled investor concerns about a slowing economy. This led to a sharp drop in bond yields and investor fears that fluctuating trade policies could dampen consumer demand and corporate investment. trillion

The sell-off has wiped out $4 trillion:

from the S&P 500’s peak last month. Major tech stocks like Tesla, Meta, Amazon, and Nvidia saw steep declines, with the Nasdaq experiencing its worst day since 2022. The S&P 500 fell by 2.7%, while the Dow Jones dropped 2%. In Asia, Indian equities, following Wall Street’s fall, opened lower, with the Nifty 50 and Sensex both losing ground.

In a sign of investor caution:

US government bond yields fell sharply, and oil prices dropped amidst rising output from OPEC+ producers. Gold, traditionally a safe haven, also saw a decline, and cryptocurrencies like Bitcoin fell to their lowest levels since November.

Despite market turmoil, Trump’s administration has downplayed the severity of the situation, signaling that short-term economic slowdown could be acceptable for the broader goals of the administration.

This ongoing market turbulence reflects the heightened uncertainty surrounding the US economy and investor sentiments.

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