US stock market loses $5 trillion in value as Trump plows ahead on tariffs
US stock market loses $5 trillion in value as Trump plows ahead on tariffs
The S&P 500 closed down 8.6% from its Feb 19 record high, shedding over $5 trillion in market value since then. Read more at straitstimes.com.
NEW YORK - President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out US$4 trillion (S$5.3 trillion) from the S&P 500’s peak last month, when Wall Street was cheering much of Mr Trump’s agenda.
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The guy who bankrupted a casino is tanking the biggest economy in the world. Who knew!
bankrupted a casino
That’s false. He bankrupted multiple casinos.
Thats false. He’s bankrupted multiple casinos and hotels.
That's true.
Not quite, he is also morally bankrupt
The american stock market is the ultimate casino boss fight for him.
The guy who bankrupted a casino is tanking the biggest casino in the world. Who knew!