The S&P 500 Had Its Worst First Half Since 1970. What the Second Half Holds.
has posted its worst first half of a year since Richard Nixon’s presidency, and many investors worry it has yet to hit bottom.
In the first six months of 2022, the widely followed large-cap index has tumbled 20.6% amid expectations of high inflation and a hawkish Federal Reserve, whose rate-hike plans could push the U.S. economy into recession. The last time the S&P 500 fell this much in the first half was in 1970, according to Dow Jones markets data.