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

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

Stocks fell sharply after the Federal Reserve announced on Wednesday it was raising its benchmark rate by three-quarters of a percentage point as it battles inflation, with the S&P 500 continuing a slide described by Bespoke Investment Group as his third step down. “No one can guess where this bear market will eventually bottom out, …

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