S&P 500 Falls Into Bear-Market Territory as Stocks Drop

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The S&P 500 started the week in bear market territory, while global stocks tumbled and bond yields jumped as fears over inflation rattled investors around the world.

The S&P fell 3.8% in morning trading Monday. If the loss holds to the market’s close, the broad index would fall into a bear market for the first time since 2020. A bear market is defined as a 20% loss from a recent high.