The benchmark S&P 500 would confirm the index was in a bear market (7/7)

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GUTTEMBERG, NEW JERSEY - JUNE 13: A woman walks in front of a store, on June 13, 2022 in Guttemberg, New Jersey. Main stock indexes of Wall Street fell abruptly as the S&P 500 was on track to confirm a bearmarket on Monday on fears that the country economy goes into recession. (Photo by John Smith/VIEWpress)
GUTTEMBERG, NEW JERSEY - JUNE 13: A woman walks in front of a store, on June 13, 2022 in Guttemberg, New Jersey. Main stock indexes of Wall Street fell abruptly as the S&P 500 was on track to confirm a bearmarket on Monday on fears that the country economy goes into recession. (Photo by John Smith/VIEWpress)
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