BREAKING NEWS

The S&P 500 closed down 3.9%, solidly in a bear market. The drop signals the grim outlook for the economy as the Fed tries to curb inflation.

Monday, June 13, 2022 4:24 PM ET

The S&P 500 briefly dipped into bear market territory last month, before recovering to close just above it. The markets have been jittery since, with the S&P 500 last week recording its worst weekly loss since January. The S&P 500 has fallen in nine of the past 10 weeks.

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