The biggest drop since 1987
Over the past three days, the U.S. stock market has experienced one of the most significant declines in decades.
Nasdaq-100 futures fell by 5.4%, and the S&P 500 dropped by 3.84%. If this trend continues, it will be the sharpest three-day drop since 1987, surpassing even the COVID-19 pandemic crisis periods.
In just two days, about $6.1 trillion has "vanished" from the market.
When people say “$6.1 trillion vanished,” it means the market valuation of company stocks dropped by that amount due to sell-offs, fear, news, etc.
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