Global Stocks Slide Into Bear Market Amid Oil Rout as Yen JumpsBy and
S&P 500 extends 2016 slide beyond 10% as bank selloff persists
WTI crude bounces off of 12-year low on OPEC speculation
World equities descended into a bear market, as an afternoon comeback in U.S. shares failed to erase losses that sent the Standard & Poor’s 500 Index to its lowest level since 2014. Oil pared declines after sliding to a 12-year low, while the yen climbed.
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