MSN - AP World http://syn2.thecanadianpress.com:8080/mrss/feed/fcf7391a2f354311807f0501c16bde6a MSN - AP World Copyright © 2010-2018 The Canadian Press. All rights reserved. http://www.rssboard.org/rss-specification Wed, 10 Aug 2022 14:22:41 +0000 Stocks flirt with bear market amid concerns http://syn2.thecanadianpress.com:8080/mrss/feed/fcf7391a2f354311807f0501c16bde6a/1e4a0f3169aa4f878afa819eccf21df5 The stock market's slump this year briefly pulled the S&P 500 into what's known as a bear market Friday, before a late rally put the index in the green. (May 20) 1e4a0f3169aa4f878afa819eccf21df5 Fri, 20 May 2022 22:51:08 +0000 SHOTLIST:RESTRICTION SUMMARY: PART MUST CREDIT NYSENew York - 20 May 20221. Wide of closing bell2. NYSE big boardASSOCIATED PRESSNew York - 20 May 20223. SOUNDBITE (English) Seth Sutel, Associated Press:"It was either really volatile day in the markets today and went down pretty hard in the middle of the day to a level that would have meant entering a bear market. Had the market closed that level, it did not in the end, we wound up coming back in the afternoon, which we often get with these topsy turvy days in the markets recently. There's a lot for investors to adjust to these days. The inflation that is affecting everybody is really uncomfortable for investors to try to figure out what it means for company profits and for the economy." "The war in Ukraine is making things a lot worse. We already have inflationary pressures because of the economy bouncing back very strongly out of this slowdown in the middle of the pandemic. So there's a number of big factors at play all at once in the market. The interest rates that are going up from the Fed that are being used to fight the inflation are another thing that investors have to adjust to and think about and readjust their expectations for what stocks are actually worth now."4. Various of NYSE floorSTORYLINE:The stock market's slump thisar briefly pulled the S&P 500 into what's known as a bear market Friday, before a late rally put the index in the green. Rising interest rates, high inflation, the war in Ukraine and a slowdown in China's economy have caused investors to reconsider the prices they're willing to pay for a wide range of stocks. A bear market is a Wall Street term for an index that's fallen 20% or more from a recent high. At Friday's close, the S&P 500 was down 18.7% from the record high set on Jan. 3.  ===========================================================Clients are reminded: (i) to check the terms of their licence agreements for use of content outside news programming and that further advice and assistance can be obtained from the AP Archive on: Tel +44 (0) 20 7482 7482 Email: info@aparchive.com(ii) they should check with the applicable collecting society in their Territory regarding the clearance of any sound recording or performance included within the AP Television News service (iii) they have editorial responsibility for the use of all and any content included within the AP Television News service and for libel, privacy, compliance and third party rights applicable to their Territory. The stock market's slump this year briefly pulled the S&P 500 into what's known as a bear market Friday, before a late rally put the index in the green. (May 20) Stocks flirt with bear market amid concerns