Markets Post Worst First Half of a Year in Decades

Posted on AllSides June 30th, 2022
From The Center

Global markets closed out their most bruising first half of a year in decades, leaving investors bracing for the prospect of further losses.

Accelerating inflation and rising interest rates fueled a monthslong rout that left few markets unscathed. The S&P 500 fell 21% through Thursday, suffering its worst first half of a year since 1970, according to Dow Jones Market Data. Investment-grade bonds, as measured by the iShares Core U.S. Aggregate Bond exchange-traded fund, lost 11%—posting their worst start to a year in history.

Stocks and bonds in emerging markets tumbled,...

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https://www.wsj.com/articles/markets-head-toward-worst-start-to-a-year-in-decades-11656551051

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