Stock market news live updates: Stocks extend losses after S&P 500 slides to 2022 low

U.S. stocks turned lower following a morning bounce Tuesday after the S&P 500 slid to a new closing low and the Dow Jones Industrial Average entered an official bear market – a drop of 20% or more from a broad market index’s most recent high.

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  Stock market news live updates: S&P hits new closing low, stocks tumble again as Fed fears, currency turmoil persist

  Yahoo Finance
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  US STOCKS-Wall Street ends lower, Dow confirms bear market

  Reuters

$100 million New Jersey deli scheme leads to U.S. fraud charges

Three men, including a father-and-son duo, were criminally charged on Monday with orchestrating a market manipulation scheme that briefly caused the owner of a tiny New Jersey deli to have a more than $100 million market valuation. Peter Coker Sr, 80, Peter Coker Jr, 53, and James Patten, 63, were charged by the U.S. Department of Justice in a 12-count indictment with securities fraud and conspiracy, while Patten was also charged with wire fraud, money laundering and securities manipulation. The U.S. Securities and Exchange Commission filed related civil charges.

Billionaire Carl Icahn warns 'you can't cure' hot inflation — but when an audience member asked him for stock picks, he gave these 2 'cheap and viable' names

The 86-year-old investing legend has spoken. Pay attention.

These 2 Stocks Are ‘Oversold Gems’ With Over 100% Upside Potential, Says Roth Capital

Barring selected periods of relief, the inherent trend of the stock market has been resolutely negative in 2022. For investors searching for ways to boost the portfolio’s performance, there have generally been slim pickings. But if you look on the bright side of a market situation where stocks are continuously pushed further down, what you get are some low and enticing entry points. Roth Capital’s tech and communications expert Scott Searle certainly thinks that with a bit of digging, investors