World & BusinessNearly $1 trillion reportedly erased from US stocks, metals and crypto on September 23
MeghUpdates claimed the one-hour loss and said markets were pricing in a prolonged US-Iran conflict. A separate post argued that strong indexes conceal steep losses in many individual stocks.
TLDR
MeghUpdates claimed on September 23, 2026, that almost $1 trillion had been wiped out from US stocks, metals and crypto in the preceding hour. It said markets were pricing in a prolonged US-Iran conflict, which would push oil prices higher and add pressure on inflation.
Separately, another post argued that some large companies’ growth was masking deep losses elsewhere in the indexes. It listed Nike down 84%, PayPal down 83% and Disney down 50% from their all-time highs—not as one-day declines—and cautioned that stocks could fall further.
Nearly $1 trillion reportedly erased from US stocks, metals and crypto on September 23
MeghUpdates claimed the one-hour loss and said markets were pricing in a prolonged US-Iran conflict. A separate post argued that strong indexes conceal steep losses in many individual stocks.
