2022 stock market decline
The 2022 stock market decline was an economic event involving a decline in stock markets globally. The decline was the worst for American stock indices since 2008, ending three-years of gains.
In February 2022, the Russian invasion of Ukraine caused a sell-off across many financial markets throughout the world.
The stock market decline has had a serious negative impact on economies throughout the world. In the United States, the S&P 500 stock market index peaked in January and began a gradual decline. In September, the S&P 500 would experience its largest drop since March 2020.
In the United States, the stock market decline was associated with a bear market which is considered to have begun on January 3, 2022, and to have ended on October 22, 2022; within months, the Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 entered the bull market in November 2022, May 2023, and June 2023 respectively. In Japan, the Nikkei 225 reached its highest level since 1990, in May 2023.