Wall Street stocks flirt with bear market amid concerns over interest rates, inflation and war – The Economic Times Video

The inventory market’s stoop thisar briefly pulled the S&P 500 into what’s generally known as a bear market Friday, earlier than a late rally put the index within the inexperienced. Rising rates of interest, excessive inflation, the conflict in Ukraine and a slowdown in China’s economic system have brought about buyers to rethink the costs they’re keen to pay for a variety of shares. A bear market is a Wall Avenue time period for an index that is fallen 20% or extra from a current excessive. At Friday’s shut, the S&P 500 was down 18.7% from the report excessive set on Jan 3.