BREAKING: S&P 500 falls into bear market, joins Nasdaq
The benchmark is now down 20% from its January high of 4,796.56 and needs to close at or below 3,837.25 for the official start. The S&P 500 joins the tech-heavy Nasdaq Composite, which entered a bear market earlier this year and has fallen 29% year to date.
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Nasdaq, S&P 500 drop 3% as growth stocks rally wanesThe Nasdaq and the S&P 500 dropped 3% on Wednesday as a rally in growth shares faded amid economic growth concerns, while Target plunged to the bottom of the S&P 500 after the retailer became the latest victim of surging prices.
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Stocks tumble on recession fears, with the S&P 500 nearing a bear marketHigh inflation, rising interest rates and disappointing corporate earnings are souring Wall Street's outlook.
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Deutsche Bank cuts baseline market forecast and sees S&P 500 at 3,000 if there's a recessionStocks could be in for much more pain ahead if a recession is imminent, according to Deutsche Bank's Binky Chadha.
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This Beloved Cereal Still Isn't Being Recalled Despite 500+ Illnesses — Eat This Not ThatReports to the FDA's website have exceeded 500 claims, yet Lucky Charms hasn't left shelves. Many are wondering why it hasn't been recalled.
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Investors Have ‘Nowhere To Hide’ As S&P 500 Nears Bear Market TerritoryThe stock market moved lower on Thursday—pushing the S&P 500 to the brink of bear market territory—as investors continued to offload shares following warnings from major retailers about inflationary pressures.
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