marketwatch.com
www.marketwatch.com

Roughly $11.1 trillion has been wiped away from the U.S. stock market since Jan. 17, the Friday before President Donald Trump took the oath of office and began his second term, according to data from Dow Jones Market Data.

Some $6.6 trillion of that figure was lost on Thursday and Friday alone — the largest two-day wipeout of shareholder value on record, Dow Jones data showed.

  • 0x01@lemmy.ml
    51·
    1 day ago

    Curious how does that stack up historically with the largest drops in history percentage-wise?

    I checked out the investopedia article:

    • The Dow had its sixth-worst week of the 21st century; it fell 7.9% over the week and 9.3% in the last two days.
    • The Dow shed 2,231 points on Friday, its third-largest one-day point decline on record.
    • The Nasdaq Composite has dropped 11.4% since Trump’s tariff announcement, also its worst 2-day stretch since March 2020.