The S&P 500 officially fell into a bear market on June 13, closing down more than 20% from its record high in January; and although the benchmark index bounced back above that threshold last week, stocks have been falling and pushing markets lower once again.
“The good news is that the bull market took just 161 calendar days to go from its peak to a 20% decline threshold—compared to an average of 245 days in past bear markets,” says Sam Stovall, chief investment strategist for CFRA Research.
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