S&P 500 Erases and Regains $2.9 Trillion in Market Cap During Fed Session

The S&P 500 experienced three distinct market cap fluctuations totaling approximately $2.9 trillion during today's Federal Reserve session.

Between 9:30 AM and 12:15 PM ET, the index declined by 85 points, resulting in a market value loss of $770 billion. Additional volatility recorded between 12:15 PM and 2:55 PM ET contributed to the cumulative $2.9 trillion in valuation shifts observed throughout the day.