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The Kobeissi Letter
President Trump on March 6th: "I'm not watching the stock market.

President Trump today: https://t.co/h0kkwDShrG
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BREAKING: Stock market losses reaccelerate and fall toward a new low of the day with the Nasdaq 100 down -1,000 points. https://t.co/905rIXQkkJ
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The Kobeissi Letter
BREAKING: The S&P 500 falls to a new low of the day, currently down -4.6% today.

Now down -11.5% since February 19th. https://t.co/AccJShf4gC
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The Kobeissi Letter
It's official:

After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.

Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.

What's next? Let us explain.

(a thread) https://t.co/SzOJhxshf7
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BREAKING: The S&P 500 posts its worst day since June 2020 and officially closes down -4.8%, its lowest close since August 2024.

The Russell 2000 is officially in a bear market and the Magnificent 7 are down -25% from their high. https://t.co/f1yJtTpqKL

It's official:

After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.

Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.

What's next? Let us explain.

(a thread) https://t.co/SzOJhxshf7
- The Kobeissi Letter
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WOW.

Today marked the largest single-day point loss for the Nasdaq 100 in HISTORY.

The index lost a total of -1060 points and came just 1.5% away from triggering the first circuit breaker since March 2020.

Buckle up folks. https://t.co/FeVLOO2Swp

It's official:

After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.

Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.

What's next? Let us explain.

(a thread) https://t.co/SzOJhxshf7
- The Kobeissi Letter
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BREAKING: The European Union is preparing to fine Elon Musk's X $1 billion for "disinformation." https://t.co/oNfD4KcqkD
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BREAKING: Dow Futures extend losses in after hours trade to -1,800 points on the day. https://t.co/5lC4nL1WAV
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Quiver Quantitative
Ted Cruz: “I don’t think it would be a good idea to have tariffs in perpetuity”

https://t.co/zqKPl7R5eA
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