ABSOLUTE BLOODBATH IN THE MARKET.
Over $2 trillion has been wiped out from US stocks in just 50 minutes after the open.
This is the fastest wipeouts in US stock market history.
The S&P 500 is down 2.7% and has now erased all of its gains since the midterm results.
Most of the selling is in tech stocks:
• Nvidia: -7%, -$300 billion
• Tesla: -9%, -$140 billion
• AMD: -12.5%, -$100 billion
• Micron: -10%, -$95 billion
• Broadcom: -5.5%, -$90 billion
Health care, consumer staples and energy stocks are up today.
Did Democrats just kill the AI trade?
#BinanceReopensWithdrawalsForMoreAssets $BTW
$CLANKER
$TRB
#USMidterms-WhatAreMarketsExpecting?
Over $2 trillion has been wiped out from US stocks in just 50 minutes after the open.
This is the fastest wipeouts in US stock market history.
The S&P 500 is down 2.7% and has now erased all of its gains since the midterm results.
Most of the selling is in tech stocks:
• Nvidia: -7%, -$300 billion
• Tesla: -9%, -$140 billion
• AMD: -12.5%, -$100 billion
• Micron: -10%, -$95 billion
• Broadcom: -5.5%, -$90 billion
Health care, consumer staples and energy stocks are up today.
Did Democrats just kill the AI trade?
#BinanceReopensWithdrawalsForMoreAssets $BTW
$CLANKER
$TRB
#USMidterms-WhatAreMarketsExpecting?
