Reported about 11 hours ago
On October 14, a post by President Donald Trump on Truth Social warning of potential business terminations with China over cooking oil and trade issues caused an immediate $450 billion loss in market capitalization for the S&P 500. The rapid market reaction highlights how influential political commentary can affect investor sentiment, particularly amidst ongoing U.S.-China trade tensions. Investors are advised to examine their portfolios for exposure to trade-sensitive sectors and consider diversification to mitigate future risks.
Source: YAHOO