
Over $1.5 trillion was wiped out from the U.S. stock market today as the S&P 500 fell -1.5%. A sharp selloff erased massive market cap in a single session, driven by rising global risk aversion, a stronger U.S. dollar, and spillover panic following South Korea’s proposed unrealized gains tax. Broad-based pressure across equities triggered a steep red candle on the index and intensified fear across global markets.
