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MARKETS: Stocks bouncing back, but watch out for China's bear market—it's official

Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after the S&P Corelogic Case-Shiller Home Price Index for April showed a 0.2% increase, or 6.56% year-over-year. Meanwhile the Shanghai Composite entered a bear market, sinking 20% from its recent peak, and the Chinese yuan sinks against the US dollar for the 9th straight day, down 3% total.