S&P 500 on pace to confirm bear market, falls 20% from record close - Moneycontrol

If the index closes below 20% or more, it would confirm a bear market for the first time since the 2020 Wall Street plunge brought on by the COVID-19 pandemic.

The benchmark S&P 500 index is trading down 20% from its Jan. 3 record close in volatile trading on Friday, as investors fretted over the impact of rising inflation on earnings and the fallout of… [+2918 chars]

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