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S&P 500 sees its third leg down of more than 10%. Here’s what history shows about past bear markets hitting new lows from there, according to Bespoke.

Por: MarketWatch Business September 24, 2022

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The S&P 500, which hit a record high on Jan. 3, has sunk 20.5% so far this year, according to FactSet data. The index dropped 1.7% Wednesday for its largest drop since Sept. 13, the day inflation data released for August came in .  The S&P 500 is down more than 10% from its August high, its third such leg down in the current bear market, according to Bespoke, though it’s still above its June low. The firm studied past bear markets during the... + full article



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