The S&P 500 index entered an intraday bear market for the first time since 2020 and also signaled a market close below a January record. A bear market occurs when a stock index declines 20 percent or more from its most recent high. CNBC’s Seema Mody explains how the earnings reported by John Deere, Coca-Cola, and Kroger are affecting the markets.May 20, 2022
UP NEXT
'A win for all Americans': Head of National Economic Council praises debt agreement
03:23
House member looks for debt ceiling bill to 'cross the finish line' this week
04:16
Joe: Sometimes grown ups are in charge in D.C. and things get done
04:46
Rep. Barbara Lee sees ‘a lot of problems’ with debt deal, looking for ‘who wins and who loses’
04:30
Rep. Debbie Dingell: Debt deal contains ‘things I would never vote for under normal circumstances’
05:17
WH: Neither party got everything it wanted in debt deal