S&P 500 ETFs Are Trading in Bear Market Territory
June 13, 2022 at 16:00 PM EDT
The S&P 500 and related exchange traded funds slipped into bear market territory on Monday as investors bet on an increasingly aggressive Federal Reserve monetary policy outlook in face of surging inflationary pressures. On Monday, the SPDR S&P 500 ETF (NYSEARCA: SPY), the iShares Core...