S&P 500’s top 10 companies have lost more than $1 trillion in market cap in 4 days

The S&P 500’s top 9 companies by market capitalization have lost a total of more than $1 trillion in value the past four days. The S&P 500 has lost 3.0% in afternoon trading Monday as surging inflation and interest rates fuel recession fears. The index has sunk 9.1% over the past four sessions, putting it on track for the lowest close since March 4, 2021. At recent stock prices, here’s what the index’s 10-most valuable companies have lost in market cap the past four days: Apple Inc. has lost $242.94 billion; Microsoft Corp. has shed $205.00 billion; Alphabet Inc. has lost $124.72 billion; Amazon.com Inc. has lost $190.36 billion; Tesla Inc. has dropped $64.66 billion in market cap; Berkshire Hathaway Inc. has lost $62.97 billion; Meta Platforms Inc. has lost $76.13 billion; Johnson & Johnson has lost $18.31 billion; UnitedHealth Group Inc. has lost $22.56 billion; and Exxon Mobil Corp. has lost $29.03 billion. The total loss in market cap for those 10 companies has been $1.04 trillion.

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