Stock Markets Wobble as Bear Market Looms Over S&P 500

U.S. stocks wavered Thursday on growing worries of an economic slowdown that sent investors into the haven of government bonds.

The S&P 500 was recently up about 0.1%, though still close to bear market territory—market shorthand for a 20% fall from a recent high. The index tumbled 4% Wednesday, its biggest one-day retreat since June 2020. After that drop, the S&P 500 had retreated more than 18% from its January all-time high.

The Dow Jones Industrial Average fell about 0.5% Thursday,…

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