Roughly $11.1 trillion has been wiped away from the U.S. stock market since Jan. 17, the Friday before President Donald Trump took the oath of office and began his second term, according to data from Dow Jones Market Data.

Some $6.6 trillion of that figure was lost on Thursday and Friday alone — the largest two-day wipeout of shareholder value on record, Dow Jones data showed.

  • TronBronson@lemmy.world
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    24 hours ago

    the deep irony of slashing pensions for 401k claiming that americans could invest better for their own retirement. They are not cheering crashing 401ks and rushing to cut social security like they also have a concept of a plan for retirement.