S&P 500 falls into bear market territory

The S&P 500 index entered an intraday bear market for the first time since 2020 and also signaled a market close below a January record. A bear market occurs when a stock index declines 20 percent or more from its most recent high. CNBC’s Seema Mody explains how the earnings reported by John Deere, Coca-Cola, and Kroger are affecting the markets.