Consumer discretionary slipped 1.53 percent, the worst-performing group. Friday was another wild session for Wall Street's three major averages, which saw SP 500 drop as much as 2.3 percent at the lows, briefly slipping into bear-market territory....
A bear market is commonly defined by a fall of at least 20 percent from a recent peak....
The SP 500 and the tech-heavy Nasdaq shed 3 percent and 3.8 percent, respectively, for their seventh consecutive losing week....
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2022-05-21 00:00:00.0