(Reuters) – S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday’s selloff on Wall Street, their biggest one-day loss in value since the emerging coronavirus pandemic sent global markets into a tailspin on March 16, 2020.
The S&P 500 ended down almost 5% after U.S. President Donald Trump’s sweeping tariffs ignited fears of an all-out trade war and a global economic recession.
(Reporting by Noel Randewich; Editing by Chris Reese)
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