What was once a 61% Dow gain since the election on Feb. 12 has evaporated to far thinner 18.2% rally as the index fell from 29,568 to around 21,654.


By one measure, the sell-off has erased all of U.S. market cap gains since Election Day 2016, wiping out more than $11 trillion in value in less than one month as measured by the Russell 3000 index, according to Bespoke Investment Group.

On Feb. 19, total U.S. market value was just over $35 trillion, but it's since fallen to $23.8 trillion -- the same as it was on Nov. 8, 2016, according to Bespoke.

Comments: Be the first to add a comment

add a comment | go to forum thread