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Axios
Axios
Business

The stock market had its worst first half since 1970

Stock Market Nixon US Federal Reserve
Data: S&P Dow Jones Indices; Chart: Nicki Camberg/Axios

Congratulations, you just lived through the stock market's worst first half since the Nixon administration.

Driving the news: The S&P 500 dropped 20.6% in the first half of 2022, as the Fed launched a tough rate-hiking campaign to counter inflation.

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