One of the Best Years of the Bull Market Was Just Erased in S&P

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The S&P 500 rose almost 29% over the course of 2019, good for the second-best year of the bull market. It took a little under four weeks to fall apart.

A rout that reached 11% on Monday briefly pushed the benchmark to 2,402, below its level of two New Years ago. Even after paring the decline at midday stocks were down more than 20% this year.