Stocks' Summer Smackdown

Investors saw trillions of dollars of assets vanish in a month-long sell-off. One surprise: Financial stocks didn't do as badly as you'd think

Take inventory of the last month's stock correction and the numbers are staggering: From the market's peak in mid-July through mid-August, TrimTabs Investment Research estimates that the total value, or market capitalization, of U.S. stocks fell by 10.5%. That's $2.2 trillion vanishing from U.S. equity markets in four short weeks.

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