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US stocks close mixed after the S&P 500 slides into a bear market amid recession fears

1 month ago   |   By Business Insider

AP Photo/Richard Drew
US stocks closed mixed Friday in a volatile session that saw the S&P 500 hit bear-market territory.
The S&P 500 and the Dow Jones Industrial Average extended weekly losing streaks.
Retailers had a rough week after disappointing financial updates.
US stocks erased steep intraday losses to close mixed Friday in a volatile session that saw the S&P 500 hit bear-market territory. Early Friday, US stocks rose after China's central bank unleashed additional stimulus in the form of a rate cut, but Wall Street's gains were short-lived as recession fears weighed. The S&P 500...
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S&P 500 Falls Into Bear Market Territory, Down 20% From January High: Live Updates

1 month ago   |   By NY Times

Stocks have fallen for seven consecutive weeks, their worst stretch since 2001. The Federal Reserve's attempts to bring down inflation are a big reason stock prices are falling.
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