Claim: Nearly $1 trillion was wiped off US stocks in 40 minutes following the news of the US stepping into the yen market.
Verdict: Unverified (50% confidence)
Explanation: The claim that nearly $1 trillion was wiped off US stocks in 40 minutes following the US stepping into the yen market is not directly confirmed by the available sources. A source from Bull Theory [TIER 9] supports the claim, stating that nearly $1 trillion was wiped off US stocks in 40 minutes after a report of US intervention in the yen market. However, this source lacks credibility due to its low tier. Other sources, such as Reuters and WSJ, provide background on the US intervention in the yen...