Why stock-market bears are eying June lows after S&P 500 falls back below 3,900

The S&P 500 ended Friday at 3,873.33 — falling 0.7% in the session and 4.8% for the week for its lowest close since July 18. Technical analysts warn of a potential test of the stock market’s June lows. The index is up 5.7%, up from its June 16 closing low of 3,666.77. The Dow Jones Industrial Average DJIA, Nasdaq Composite COMP, -0.90% saw a 5.5% weekly drop to 11,448.40.

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