CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024
top of a brand new hour on cnn newsroom. goold good to have you with me. i'm victor blackwell. plunging stocks, rising prices, recession fears. the s&p 500 entered bear market territory, dropping 20% from recent peaks. one bear market in the last 50 years was not accompanied by a recession. cost of living keeps rising, home prices are driving rents to a high. 17% from last year. gas prices are soaring. the national average, 4.59 per gallon, $0.30 more to fill up the tank than the day before russia invaded ukraine. let's start with the s&p 500 now into bear market territory today. wha...