Final-hour rally yanks Wall Street from maw of bear market

Associated Press

05/20/2022

Financial Markets Wall Street — TRADER JAMES CONTI works on the floor of the New York Stock Exchange on Friday. The stock market clawed back from a midday drop after coming to the edge of its first bear market since the beginning of the pandemic. COURTESY ALLIE JOSEPH/NEW YORK STOCK EXCHANGE VIA AP

NEW YORK (AP) - Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P 500 more than 20% below its peak set early this year. The S&P 500 index, which sits at the heart of most workers’ 401(k) accounts, was down as much as 2.3%…

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