The S&P 500 ended the day down by 3.0%, wiping out $1.4 trillion in market capitalization, marking its worst day since September 2022. In under a month, the S&P 500 has lost $5 trillion in market cap. Meanwhile, the NASDAQ 100 fell 3%, erasing $907 billion in market value.

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Yesterday, the S&P 500 posted its largest daily gain in history on the day after Election Day. The index jumped

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