S&P 500 threatens to open in bear-market territory: What investors need to know

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The S&P 500 threatens Monday to open in bear-market territory. Here's how the index has performed in the past.

The S&P 500 on Monday was threatening a fall that would confirm what many investors have been saying for months: The large-cap benchmark is in the grips of a bear market.

The S&P 500 on Monday was threatening a fall that would confirm what many investors have been saying for months: The large-cap benchmark is in the grips of a bear market. A close below 3,837.25 would mark a 20% pullback from the S&P 500’s Jan. 3 record finish, meeting the traditional definition of a bear market, according to Dow Jones Market Data. The S&P 500 SPX ended Friday at 3,900.86.

The S&P 500 briefly traded below the bear-market threshold in May, but didn’t close below it. Stocks subsequently bounced, but the rebound has since given way as recession fears have increased.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin (BTC) Holders Now Have an Instrument to Protect Gains Amidst Market VolatilitySponsored BexplusExchange introduces powerful leverage instrument to hedge against volatility of markets
Source: Utoday_en - 🏆 295. / 63 Read more »