S&P 500 heads into bear market territory, Dow loses 900 points
Friday’s inflation report caused a stock-selling frenzy on Monday as US stocks tumbled down, with S&P 500 entering a bear market and Dow industrials losing almost 900 points
By Yashasvini Razdan
Published - Jun 13, 2022, 05:54 PM ET
Last Updated - Jun 23, 2024, 11:45 PM EDT
• Dow Jones lost 876.05 points, or 2.8%, to close at 30,516.74
• The benchmark 10-year Treasury yield jumped to 3.325%
Friday’s inflation report caused a stock-selling frenzy on Monday as US stocks tumbled down, with S&P 500 entering a bear market and Dow industrials losing almost 900 points.
