The U.S. banal market officially fell into correction territory Thursday and now we now the complete damage: $2.49 trillion.
That’s the market value that has been wiped out from the S&P 500 during its 10 percent swift slide from a record on Jan. 26.
The total is even bigger for global lay in markets with $5.20 trillion gone as they followed the U.S. vend’s lead. Both figures are from S&P Dow Jones Indices.
Traders are on edge the selling isn’t near over after the S&P 500 fell back unbefitting its Tuesday low during its 3.8 percent plunge Thursday. The benchmark is now at its humblest point since last November.
The energy, health care, financials, statistics and technology sectors are all in correction territory as well, according to S&P Dow Jones.
President Donald Trump beggary not worry yet as the S&P 500 is still up $3.55 trillion since his election in November 2016, conforming to S&P Dow Jones.