📈 S&P 500 Market Cap Falls to $46.9 Trillion Amid Trade Tensions and Tariff Volatility

As of April 16, 2025, the S&P 500's total market capitalization declined by $1.1 trillion (–2.24%) to $46.9 trillion, driven by rising trade tensions and tariff-related uncertainty. Since the tariff announcement on April 2, the index has shed $3.5 trillion (–7.0%), reflecting heightened market volatility.