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RSS Bot ( rssbot@lemmy.bestiver.se ) BM to Hacker News@lemmy.bestiver.seEnglish · 5 days ago

$2.5T has been wiped from US stocks

finlaws.substack.com

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$2.5T has been wiped from US stocks

finlaws.substack.com

RSS Bot ( rssbot@lemmy.bestiver.se ) BM to Hacker News@lemmy.bestiver.seEnglish · 5 days ago
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The Nasdaq wiped out roughly $2.5 trillion in market cap on Thursday, officially pushing the index into correction territory.

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  • SaveTheTuaHawk ( SaveTheTuaHawk@lemmy.ca ) 
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    4 days ago

    Why, that’s almost a dozen bananas!

  • skip0110 ( skip0110@lemmy.zip ) 
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    4 days ago

    And yet, nothing of value to humanity was lost.

    • abc ( abc@suppo.fi ) 
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      3 days ago

      Both literally and numerically, if nobody liquidated those losses.

  • NigelFrobisher ( NigelFrobisher@aussie.zone ) 
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    5 days ago

    So does this mean investors no longer feel like keeping their money above a vast yawning financial chasm is a good idea?

    • JonEFive ( JonEFive@piefed.social ) 
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      4 days ago

      Pretty much. New congress who might start putting limits an things? Uh-oh…

  • darthsundhaft ( darthsundhaft@piefed.social ) 
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    5 days ago

    Already lost NNN. GG

    • deliriousdreams ( deliriousdreams@fedia.io ) 
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      5 days ago

      Good Goon?

  • athatet ( athatet@lemmy.zip ) 
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    4 days ago

    Adam Driver portraying the role of Kylo Ren:

    MORE!

    • i_ben_fine ( i_ben_fine@midwest.social ) 
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      4 days ago

      Atom Driver?

      • athatet ( athatet@lemmy.zip ) 
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        4 days ago

        I fixed it but to be fair, it wasn’t him either :p

  • abc ( abc@suppo.fi ) 
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    3 days ago

    And for the millionth time, nobody except daytraders and clickwhores gives a fuck what happens in the market in a single day.

  • AlecSadler ( AlecSadler@lemmy.dbzer0.com ) 
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    5 days ago

    Let it burn.

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