S&P 500 Opens Lower With More Than $800 Billion Erased
The source says more than $800 billion was wiped from the S&P 500 at the U.S. market open, indicating a sharp early-session equity sell-off.
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Terms & Concepts
- S&P 500: A U.S. stock market index tracking 500 large listed companies, widely used as a benchmark for overall equity market performance.
- Market capitalization: The total value of a company’s outstanding shares; index-level losses often refer to a drop in combined market value.