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People with umbrellas pass by bull and bear outside Frankfurt’s stock exchange during heavy rain in Frankfurt, Germany.

Kai Pfaffenbach | Reuters

The S&P 500 this week took out its mid-June low, a level many investors were hoping would hold as the bear market bottom. The Dow Jones Industrial Average also closed in bear market territory on Monday for the first time since the early days of Covid in 2020, finally joining the S&P 500 and the Nasdaq there. Now what?

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