Stock Market Today: S&P Suffers Worst First Half Since 1970
A broad down day for the major indexes put the cherry on the melted sundae that was the stock market’s first half of trading in 2022.
The S&P 500 declined 0.9% on Thursday to 3,785, securing a 20.6% decline for the year’s first six months – its worst such performance since bombing out by 21% during 1970’s first half.
A glimmer of hope for today's hurting investors: That – notes that the market is pretty oversold right now, and that we could at least see a short-term bounce.
