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Wall Street Wipes Out $2 Trillion, Apple Eyes Worst Day Since COVID-19 Pandemic, Oil Plummets: What's Driving Markets Thursday?

Benzinga LogoBenzinga1d ago

Wall Street Wipes Out $2 Trillion, Apple Eyes Worst Day Since COVID-19 Pandemic, Oil Plummets: What's Driving Markets Thursday? - Benzinga

Quick Summary:

Wall Street saw a staggering $2 trillion in market cap erased, with the U.S.’s biggest 10 companies shedding $1 trillion alone.Apple Inc.(NASDAQ:AAPL) plunged 8.7%, staring down its worst day since March 2020 and wiping out nearly $300 billion in value.NVIDIA Corp.(NASDAQ:NVDA) tumbled 6.4%, losing $171.9 billion, while Amazon.com Inc.(NASDAQ:AMZN) dropped 8%, on pace for a $166 billion hit.

President Donald Trump's sweeping new trade tariffs sent shockwaves through global markets on Thursday, triggering a massive sell-off that echoed the COVID-19 pandemic-era routs, as investor risk appetite vanished in a flash.

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Article Details

Author / Journalist: Piero Cingari

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 16:51:27 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27568753

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About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 13 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

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The outlet is headquartered in United States and publishes an average of 13 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://chronographically.beamstart.com/news/wall-street-wipes-out-2-17437011354850

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