Why is the US stock market crashing today? S&P 500 erases all gains and wipes out $1.3 trillion in 2 hours

The US stock market crash today caught many investors off guard. Early gains quickly vanished as the S&P 500 erased more than $1.3 trillion in market value within just two hours. What began as a relief rally suddenly turned into a broad sell-off that dragged down the Nasdaq, Nvidia, Apple, Microsoft, and several major technology stocks.

Jun 9, 2026 - 21:00
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Why is the US stock market crashing today? S&P 500 erases all gains and wipes out $1.3 trillion in 2 hours
The US stock market crash today caught many investors off guard. Early gains quickly vanished as the S&P 500 erased more than $1.3 trillion in market value within just two hours. What began as a relief rally suddenly turned into a broad sell-off that dragged down the Nasdaq, Nvidia, Apple, Microsoft, and several major technology stocks.

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