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Stock impact report

Tom Lee Says $1.4 Trillion Market Meltdown Matches Annual Trade Deficit, Presses White House To Fast-Track Deals [Yahoo! Finance]

Fidelity National Information Services, Inc. (FIS) 
Last fidelity national information services, inc. earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.fisglobal.com
Company Research Source: Yahoo! Finance
U.S. stocks plummeted Monday as $1.4 trillion in market value vanished, prompting Fundstrat's Tom Lee to draw a parallel between the single-day loss and America's annual trade deficit. What Happened : Lee, Head of Research at Fundstrat Global Advisors, highlighted on X that “the loss in equity market cap today equals 1 ‘trade deficit,'” noting the U.S. 2024 trade deficit for goods was $1.2 trillion. He urged the White House to move with “expediency to close these trade deals.” Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share! The market rout saw the S&P 500 tracked by SPDR S&P 500 Trust (NYSE: SPY ) sink 2.36% to 5,158.20, while the Dow Jones Industrial Average tracked by SPDR Dow Jones Industrial Average ETF (NYSE: DIA ) tumbled 2.48%. The Nasdaq-100, tracked by Invesco QQQ Trust, Series 1 (NASDAQ: QQQ ), fell 2.46%. See Also: Maximize saving for your retiremen Show less Read more
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