Donald Trump’s second term is off to a rocky start as Wall Street suffers record $11 trillion hit since inauguration day, including $6 trillion in 48 hours
Wall Street saw a massive loss, with $11.1 trillion wiped out since US president Donald Trump's second term began. The past two days alone saw a historic $6.6 trillion drop due to his new tariffs. The S&P 500 and other indices plummeted, raising global recession fears. Fed chair Powell warned about potential inflation and persistent economic impacts.