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S&P 500 Plunges, Wipes Out All of Its Gains Since Biden Took Office
The S&P 500 has lost all of its gains since President Joe Biden took office in 2021.
The market index fell 3.88 percent to 3,749.63, dropping below the 3,798.91 level when it closed on Jan. 19, 2021. The drop put the S&P back into the bear market territory.
Frank Fang is a Taiwan-based journalist. He covers news in China and Taiwan. He holds a Master's degree in materials science from National Tsing Hua University in Taiwan.
