Donald Dump also manipulates the stock market. This guy really has no limits.
Trading Heights
--
What Just Happened on Wall Street Will Be Studied for Decades
⌚We just witnessed the most dramatic 30-minute swing in market cap in history.
Here's how it unfolded:
♦️ 10:10 AM ET – Rumors begin to circulate that the White House is considering a "90-day tariff pause."
♦️ 10:15 AM ET – CNBC reports Trump is considering a 90-day pause on tariffs for ALL countries except China.
♦️ 10:18 AM ET – The S&P 500 explodes, adding over +$3 TRILLION in market cap from its low.
♦️ 10:25 AM ET – Reports surface that the White House is unaware of any such plan being considered by Trump.
♦️ 10:26 AM ET – CNBC corrects its headline, saying the 90-day tariff pause report was incorrect.
♦️ 10:34 AM ET – The White House officially slams the rumor as “fake news.”
♦️ 10:40 AM ET – In just 22 minutes, the S&P 500 erases -$2.5 TRILLION from its high.
In total, this one false headline sparked a $6 TRILLION intraday market cap swing on the S&P 500 — the largest 30-minute market move in history.
This event shows how fragile and reactive the markets can be in today’s fast-paced, algorithm-driven environment. One unverified report moved trillions. One correction erased it all.
Welcome to the era of volatility.
#TrumpTariffs
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.