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Stocks sink, sending the S&P 500 to a bear market once again

Stocks fell sharply on Monday after a stronger-than-expected inflation report spooked investors. The S&P 500 entered a bear market once again after briefly dipping into one last month.
Traders work on the floor of the New York Stock Exchange (NYSE) on Friday in New York City. Stocks slumped on Monday following a stronger-than-expected report on inflation, sending the S&P 500 to a bear market.
Updated June 13, 2022 at 1:08 PM ET

It's looking like another grim day in Wall Street as fears about inflation intensify.

The S&P 500 fell once again into bear market territory on Monday after slumping more than 2%at the open, meaning the broad benchmark index has now dropped more than 20% from its most recent high.

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