scorecardresearchSome see few signs of a bottom in U.S. stocks, even after steep selloff

Some see few signs of a bottom in U.S. stocks, even after steep selloff

Updated: 15 Jun 2022, 10:56 AM IST
TL;DR.
The market’s losses have been steep. The 21.3% year-to-date decline in the S&P 500 as of Monday wiped out some $8.7 trillion in market value this year, according to S&P Dow Jones Indices.
People walk along Wall Street, near the Stock Exchange in New York on June 14, 2022. - Stock markets diverged on Tuesday as investors fret over the possibility that the US Federal Reserve will move aggressively to combat inflation. (Photo by Ed JONES / AFP)

People walk along Wall Street, near the Stock Exchange in New York on June 14, 2022. - Stock markets diverged on Tuesday as investors fret over the possibility that the US Federal Reserve will move aggressively to combat inflation. (Photo by Ed JONES / AFP)