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U.S. stock market loses $5 trillion in value in three weeks (www.cnbc.com)

submitted 20 hours ago by [email protected] to c/[email protected]

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The S&P 500 has fallen more than 10% from its record high, entering a correction and shedding trillions of dollars in market value.

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[–] [email protected] 6 points 19 hours ago

Funny that we're not seeing mass layoffs on Wall Street despite all of this. Losing this much value in a month still leaves brokers with viable business? It's weird.