Jan 12

1-trillion-wiped-out

$1 trillion erased from stocks so far in 2016:

The eye-popping losses highlight the deep fears that has gripped financial markets over China’s economic slowdown and crashing oil prices.

That one-two punch caused the Dow and S&P 500 to suffer their worst start to a trading year on record last week.

The S&P 500’s market valuation has plunged by $1.04 trillion since the end of 2015, according to S&P Dow Jones Indices.

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