Why US bear market could mean more pain ahead for investors

On June 13, the US market benchmark S&P 500 index plunged 3.9 per cent to close 21.8 per cent below its Jan 3 high. PHOTO: NYTIMES
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SINGAPORE - US stocks plunged into a bear market on Monday (June 13) for the first time since the Covid-19 pandemic hit the economy in March 2020, with Asia markets extending the sell-off on Tuesday.

Here's why stock markets are tumbling and what it means for investors:

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