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The 7 crazy minutes that wiped $6.6trn from the market

New York | Wall Street was braced for chaos when the US markets opened for trading on Monday (overnight AEDT), but no one could have anticipated the $US4 trillion ($6.6 trillion) meltdown that ensued.

An unsourced claim that Donald Trump was mulling a 90-day pause on the sweeping tariffs he imposed on virtually all of America’s trading partners sent stocks flying upwards before plummeting back down at breakneck speed.

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The Telegraph London

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    Original URL: https://www.afr.com/world/north-america/the-7-crazy-minutes-that-wiped-6-6trn-from-the-market-20250408-p5lpz2