Categories
Markets

More than $7 trillion has been wiped out from the stock market this year

The meltdown of 2022 has wiped out more than $7 trillion in market value from the blue chip stocks in the S&P 500. The index is down nearly 19% since the end of December. The Dow, which fell about 450 points Thursday, is down almost 14% as well. Tech stocks have been hit particularly hard. […]