Nasdaq Suffers Historic $1.7 Trillion Market-Cap Loss, Biggest Drop Ever ^44.8%

Newsmax - By Newsmax Wires - 6/6/2026, 12:49 AM

Negativity Bias 28.7% - Biased Writer Voice 26.9% - Post Hoc (False Cause) 21.2%

NEW YORK — The Nasdaq composite suffered one of its sharpest selloffs in years Friday, wiping out <strong>$1.71 trillion in market capitalization in a single day &mdash; the biggest drop in value ever recorded for the exchange.</strong> Investors reacted to stronger-than-expected economic data, rising interest-rate concerns, weakness in... more

US economy grew much faster than expected in the third quarter, delayed report shows ^75.4%

Fox Business - By Eric Revell - 12/23/2025, 4:43 PM

The U.S. economy grew at a faster pace than expected in the third quarter, according to the Commerce Department's estimate. The Bureau of Economic Analysis (BEA) on Tuesday released its initial estimate of third-quarter GDP, which showed the economy grew at an annualized rate of 4.3% in the three-month period including July, August and... more