Wall Street saw a staggering $2 trillion in market cap erased, with the U.S.’s biggest 10 companies shedding $1 trillion alone.Apple Inc.(NASDAQ:AAPL) plunged 8.7%, staring down its worst day since March 2020 and wiping out nearly $300 billion in value.NVIDIA Corp.(NASDAQ:NVDA) tumbled 6.4%, losing $171.9 billion, while Amazon.com Inc.(NASDAQ:AMZN) dropped 8%, on pace for a $166 billion hit.
President Donald Trump's sweeping new trade tariffs sent shockwaves through global markets on Thursday, triggering a massive sell-off that echoed the COVID-19 pandemic-era routs, as investor risk appetite vanished in a flash.
The story "Wall Street Wipes Out $2 Trillion, Apple Eyes Worst Day Since COVID-19 Pandemic, Oil Plummets: What's Driving Markets Thursday?" has 477 words across 33 sentences, which will take approximately 2 - 4 minutes for the average person to read.
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