Global stocks tumbled and the S&P 500 closed in bear market territory Monday as fears over inflation rattle investors around the world. PHOTO: A sign for Wall Street hangs in front of the New York Stock Exchange, on July 8, 2021. (Mark Lennihan/AP, FILE)Despite this year's rapid stock market selloff, strategists at Morgan Stanley and Goldman Sachs said the market does not fully reflect the risks facing the economy. The technology-heavy Nasdaq-100 slipped into a bear market in March. S&P 500 closes in bear territory as global stock selloff gains steam amid inflation originally appeared on abcnews.go.com

Source: ABC News June 13, 2022 14:18 UTC