The S&P 500 closed in a 'bear market' on Monday. What does that mean?
June 14, 2022 at 10:49 AM EDT
Investors use the term "bear market" to describe a deep and sustained market downturn. It's a decline of 20% or more from recent highs.
Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.