Stocks: A June to Forget

The big sell-off during the month sets the stock market up for one of its most critical tests since 2002-2003

With only one day left in June, the S&P 500 is working on its worst one-month performance since September, 2002 -- which happened to be very close to the bottom of a bear market. The index has cascaded about 9% this month and, as you guessed it, was mostly due to plunging financials and soaring crude oil.

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