Editor
U.S. stocks enter a bear market
Wall Street stocks tumbled yesterday, with the S&P 500 falling 3.9 percent to close the day nearly 22 percent below its Jan. 3 peak. The steep decline — the seventh bear market in the past 50 years — is a rare and grim marker of investors’ concerns as a crucial report showed inflation accelerating and the World Bank issued a dire warning on global growth.
Together, the data undercut optimism that the Federal Reserve, as it raises interest rates, can keep…
