Watch: S&P 500 Enters Bear Market Dropping 20% From Closing High (youtube.com)
The S&P 500 fell as much as 2.3%, bringing its decline to more than 20% from its record closing high set on Jan. 3, the first time that has happened since the coronavirus pandemic hit in early 2020. Ross Mayfield of Baird says the worst of the drawdown appears to be over. He's on "Bloomberg Markets: The Close."