This was a brutal week for the stock market. Thursday and Friday were the worst days of the week, with the Dow losing 1,149 points, or 81% of the week’s decline. If Trump follows through on the $50 billion, expect China to retaliate and the stock market to come under more pressure. However, due to their large market caps they weren’t able to duck portfolio managers having to raise cash. For the week Facebook lost $75 billion in market cap .

Source: Forbes March 24, 2018 07:30 UTC