According to The Kobeissi Letter, S&P 500 futures are currently down 3% and on track for an 8% loss over two days, marking the largest two-day decline since the 2020 pandemic. Nearly $4.5 trillion in market capitalization has been wiped out since the after-hours high on Wednesday. This indicates a significant shift as investors rush to the sidelines, suggesting potential selling pressure and increased volatility in the markets.

According to The Kobeissi Letter, S&P 500 futures have experienced a dramatic shift from a +100 point gain to a -200 point drop, potentially marking the largest single-day drop since the 2020 pandemic lockdowns. This market movement is significant for traders, as more than $2.5 trillion in market cap was wiped out, including after-hours trading adjustments, following the imposition of tariffs.

According to @KobeissiLetter, President Trump has announced new tariffs on 185 countries simultaneously, marking one of the largest tariff implementations in U.S. history. This announcement led to a dramatic market reaction, with S&P 500 futures losing $2 trillion in market capitalization in less than 15 minutes, indicating significant investor concern and potential volatility in stock markets.

According to The Kobeissi Letter, President Trump announced 'reciprocal tariffs' on 185 countries simultaneously, marking one of the largest tariff implementations in U.S. history. This announcement led to the S&P 500 futures erasing $2 trillion in market capitalization in less than 15 minutes, indicating a significant and immediate impact on the market. Traders should closely monitor ongoing developments for any changes in market sentiment.

According to @KobeissiLetter, President Trump's announcement of tariffs on 185 countries has led to a swift reaction in financial markets, with S&P 500 futures losing $2 trillion in market cap in under 15 minutes. This unprecedented move represents one of the largest tariffs in U.S. history and has significant implications for global trade and market stability.

According to @KobeissiLetter, President Trump announced tariffs on 185 countries simultaneously, marking one of the largest tariff implementations in US history. This announcement led to the S&P 500 futures erasing $2 trillion in market capitalization in under 15 minutes, highlighting the immediate market reaction to geopolitical trade tensions.

According to @KobeissiLetter, President Trump announced tariffs on 185 countries simultaneously, marking one of the largest tariffs in U.S. history. This announcement led to the S&P 500 futures erasing $2 trillion in market cap within 15 minutes, indicating significant market volatility and potential trading opportunities.

According to @KobeissiLetter, President Trump announced reciprocal tariffs on 185 countries simultaneously, marking one of the largest tariffs in US history. This announcement led to S&P 500 futures erasing $2 trillion of market cap within 15 minutes, highlighting a significant immediate impact on the market. Such a drastic move indicates potential volatility in global markets, which traders should closely monitor for further developments.

According to @KobeissiLetter, President Trump announced reciprocal tariffs on 185 countries simultaneously, marking one of the largest tariff implementations in U.S. history. The announcement led to a rapid erasure of $2 trillion in market capitalization from S&P 500 futures within 15 minutes. This significant market reaction highlights the immediate impact of geopolitical decisions on financial markets, emphasizing the importance for traders to monitor such developments closely.

According to @KobeissiLetter, President Trump announced reciprocal tariffs on 185 countries simultaneously, marking one of the largest tariff impositions in US history. This announcement led to S&P 500 futures erasing $2 trillion of market capitalization in under 15 minutes, indicating significant market volatility and potential trading opportunities.

According to @KobeissiLetter, President Trump announced tariffs on 185 countries simultaneously, marking one of the largest tariffs in US history. This announcement led to a significant market reaction, with S&P 500 futures losing $2 trillion in market cap within 15 minutes, indicating a substantial impact on market confidence and potential volatility for traders.

According to @KobeissiLetter, President Trump's announcement of reciprocal tariffs on 185 countries has led to a significant market reaction, with S&P 500 futures losing $2 trillion in market capitalization in under 15 minutes. This development marks one of the largest tariff implementations in U.S. history and has immediate implications for market volatility and investor sentiment.

According to The Kobeissi Letter, President Trump announced tariffs on 185 countries simultaneously, marking one of the largest tariff implementations in U.S. history. This announcement led to a dramatic impact on financial markets, with S&P 500 futures losing $2 trillion in market capitalization within just 15 minutes. Traders should note the potential for increased volatility and reassess their positions in light of these sweeping economic changes.

According to The Kobeissi Letter, S&P 500 futures opened with a significant drop of nearly 200 points, while the Dow Jones Industrial Average fell by 1,300 points from its after-hours high. This sharp decline signals potential volatility in the equity markets, which may influence trading strategies and risk assessments.

According to The Kobeissi Letter, S&P 500 futures opened with a near 200-point drop, and the Dow Jones is down 1,300 points from its after-hours high. These significant declines highlight increased volatility in the market, which could impact trading strategies and risk assessments.

According to @KobeissiLetter, President Trump announced tariffs on 185 countries simultaneously, marking one of the largest tariff implementations in US history. As a result, S&P 500 futures saw a massive $2 trillion drop in market capitalization within just 15 minutes. This significant market reaction highlights the immediate influence of trade policies on financial markets.

According to The Kobeissi Letter, President Trump announced tariffs on 185 countries simultaneously, marking one of the largest tariff implementations in US history. This announcement led to a rapid decline in S&P 500 futures, which lost $2 trillion in market capitalization within 15 minutes. This dramatic market reaction underscores the potential for increased volatility and uncertainty in global trade, impacting investor sentiment and trading strategies.

According to The Kobeissi Letter, President Trump announced reciprocal tariffs on 185 countries simultaneously, marking one of the largest tariff implementations in U.S. history. This announcement led to a dramatic erasure of $2 trillion in market capitalization from S&P 500 futures within just 15 minutes. This significant market movement highlights the sensitivity of equity markets to trade policy changes and underscores the potential for increased volatility in the trading environment. Traders should consider the implications of these tariffs on global trade dynamics and potential impacts on specific sectors within the S&P 500.

According to The Kobeissi Letter, S&P 500 futures experienced a sharp decline, dropping 3% in just four minutes. This rapid sell-off resulted in the erasure of $1.3 trillion in market capitalization. Traders should be aware of the heightened volatility and potential further downside risks that may impact market sentiment and trading strategies. Monitoring related economic indicators and global market reactions will be critical for informed trading decisions.

According to @KobeissiLetter, the S&P 500 futures experienced a significant flash crash erasing $600 billion in market cap between 4:40 AM and 6:20 AM ET without any major headlines. This event indicates instability across all risky asset classes and highlights the potential for sudden market disruptions. Traders should be cautious and consider the volatility in their trading strategies.