The blue-chip gauge on Monday fell 329.60 points, or 1.1%, to close at 29,260.81. That left the Dow DJIA 20.5% below its Jan. 4 record finish of 36,799.65. A pullback of 20% or more is widely considered to mark a bear market.
The blue-chip gauge on Monday fell 329.60 points, or 1.1%, to close at 29,260.81. That left the Dow DJIA 20.5% below its Jan. 4 record finish of 36,799.65. A pullback of 20% or more is widely considered to mark a bear market. According to Dow Jones Market Data, the average Dow bear market sees a peak-to-trough decline of 35.5% and a median decline of 35.9%.
The S&P 500 SPX confirmed its entry into a bear market in June, falling more than 20% from its Jan. 3 record. The large-cap benchmark on Monday fell 38.19 points, or 1%, to close at 3,655.04, taking out its previous 2022 closing low set on June 16, for its lowest close since Dec. 14, 2020.
We've been in a bear market recession for 9 months bro. Where you been?
Unfortunately they need to know we are going lower
Hi folks! Just curious... If I invest $1,000.00 into the S&P 500 at $3,655.00, it has to reach $7,310.00 for me to have 100% profit aka $2,000.00? Or I could invest $1,000.00 in a $0.01/share stock and sell at $0.02/share to also have 100% profit aka $2,000.00?
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