As of the first quarter this year, ratio of S&P 500’s market cap to nominal GDP spiked to highest since end of 2021 pic.twitter.com/ieovbg0NgG
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Ryan Detrick, CMT
RyanDetrick
Down less than half a percent today for the S&P 500.
Given where it opened, this was a nice change from what we were seeing a week ago.
Back then, the selling would get heavy as the day wore on.
US Markets At Open | S&P 500 opens 1.3% lower, Nasdaq 100 down 1.8%
Meta shares sink 15% at the open, biggest drop since Oct 2022; these are the other highlights👇
@Nasdaq #Caterpillar #KeurigDrPepper #SouthwestAir #IBM pic.twitter.com/QBicQ8vHSN