The most widely followed market indices ended June, the second quarter, and the first half of 2022, with significant losses. Concerns over soaring inflation, the Fed’s hawkish policy stance, and the prospects of a recession weighed heavily on investors' sentiments.
The S&P 500 fell by 20.6% year-to-date and registered its worst first half since 1970, while Dow and the Nasdaq dropped 15.3% and 29.5%, respectively.
