Stock Declines Signal a Bear Market; Here’s What That Means

Wall Street is opening the week with more losses, and the S&P 500 has fallen to a level that market observers consider to be a bear market.

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In this photo provided by the New York Stock Exchange, traders Orel Partush, left, and Robert Charmak work on the floor, Friday, June 10, 2022. Stocks on Wall Street fell sharply Friday after getting hammered by data showing inflation is getting worse, not better, as investors had been hoping. (David L. Nemec/New York Stock Exchange via AP)
Image via AP Photo/David L. Nemec

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

NEW YORK (AP) — Wall Street is opening the week with more losses, and the S&P 500 has fallen to a level that market observers consider to be a bear market. Rising interest rates, high inflation, the war in Ukraine and a slowdown in China’s economy have led investors to reconsider what they’re willing to pay for a wide range of stocks, from high-flying tech companies to traditional automakers. Big swings have become commonplace and…

Read at AP News