$1.65 Trillion Lost in U.S. Stock Market Today
Major sell-off erases trillions in market value, marking one of the largest single-day losses in recent history.
Summary
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Terms & Concepts
- Market Capitalization: The total value of a company's outstanding shares, calculated by multiplying the share price by the number of shares.
- Sell-off: A rapid selling of securities, often causing a sharp decline in market prices.