PBS NewsHour

Investors scramble as S&P 500 nears bear market territory

Clip: 05/20/2022 | 5m 25s | Video has closed captioning.

Financial markets closed out the week with yet another head-spinning day, with one of the main indexes, the S&P 500, plunging for almost three hours into bear market territory, signifying a drop of 20 percent or more from its prior record. Jason Furman, an economist at the Harvard Kennedy School who served as a top adviser to President Obama, joins Judy Woodruff to discuss.

Aired: 05/20/22

Rating: NR

Problems Playing Video? | Closed Captioning

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