June 16, 2025

Seismic Market Rout Erases $1 Trillion from U.S. Equities in Worst Day Since 2022

1 min read

The day of reckoning arrived on Wednesday for the tech industry, as a seismic market rout erased a staggering $1 trillion in value from U.S. equities, led by the declines in shares of Tesla and Alphabet that marked the worst day for the S&P 500 and Nasdaq Composite since late 2022. At the heart of

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