
The U.S. stock market had a rough start to 2022 with a market correction hitting stocks and many indexes seeing their worst performances in decades.
What Happened: The S&P 500, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), saw a decline of 20.8% in the first half of 2022. This marked the largest first half decline for the index since 1970.