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Down 21%, Is the Stock Market Ready to Recover in the Back Half of 2022?

Down 21%, Is the Stock Market Ready to Recover in the Back Half of 2022?

The stock market just wrapped up its worst first half in more than 50 years. The benchmark S&P 500 index is down 21% so far in 2022, and the tech-heavy Nasdaq Composite index is down by 30%. And many of the most widely held stocks in the market are down by 50% or more this year, especially those of fast-growing businesses.