S&P 500 enters bear market territory — a 20 percent decline from a recent peak — for the first time since 2020
Economy And Jobs,Stock Market,Banking And Finance,Bear Market,Recession,Inflation,Interest Rates,Big Tech,Federal Reserve
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It's been a tough year for stocks — and it's only getting worse.
On Friday, the S&P 500 index entered an intraday bear market for the first time since 2020 and also signaled a market close below a January record.
A bear market occurs when a stock index declines 20 percent or more from its most recent high.
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