Nearly $1 Trillion Wiped From U.S. Stocks as Major Indexes Slide
U.S. equities lost nearly $1 trillion in market value shortly after the opening bell as major indexes fell across the board. The decline hit large-cap tech and small-cap stocks alike.
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U.S. equities lost nearly $1 trillion in market value shortly after the opening bell as major indexes fell across the board. The decline hit large-cap tech and small-cap stocks alike.
U.S. equities experienced a dramatic intraday reversal, wiping out hundreds of billions of dollars before recovering nearly the same amount within hours. Major indices swung from losses of more than 1% to solid gains by the close.
November ranks among the best months for U.S. stocks, with the S&P 500 rising in 59% of years since 1927.