The S&P 500 Is Now in an Official Bear Market, According to S&P Dow Jones Indices

It's official, according to the folks who decide which markets are bulls and which are bears, not to mention which stocks go into the Dow Jones Industrial Average and the S&P 500.because the S&P 500 closed more than 21% below its all-time record close reached as recently as last January, S&P Global Dow Jones Indices senior index analyst Howard Silverblatt wrote.

S&P Global says a 20% decline in the S&P 500 on a closing basis from its previous peak is all it takes to define a bear market. Which means that this bear market is already more than five months old, since the S&P 500 all-time high came on January 3.began in the late 1920s, the average bear market has translated into a 38% price decline lasting an average of almost 19 months.

The causes of every bear market are different, of course. This one is defined by the Fed tightening interest rates in reply to galloping inflation that's running at the fastest clip in 40 years, and the first European land war since World War 2.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Dow Slumps 600 Points to Start the Week, S&P 500 Falls Back Into Bear Market TerritoryStocks tumbled Monday, pushing the S&P 500 back into bear market territory, as the major averages came off their worst week since January.
Fonte: NBCLA - 🏆 319. / 59 Leggi di più »

S&P 500 threatens to open in bear-market territory: What investors need to knowThe S&P 500 threatens Monday to open in bear-market territory. Here's how the index has performed in the past.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

S&P 500 nears bear market territory as stock prices tumble worldwideWall Street is tumbling even more today. The S&P 500 is down more than 20% from its record, amid fears that a recession is more likely given how unshakable inflation has become.
Fonte: PhillyInquirer - 🏆 81. / 68 Leggi di più »