A trader stands beneath a screen on the trading floor displaying the Dow Jones Industrial Average at the New York Stock Exchange in Manhattan, New York City, U.S., September 13, 2022. REUTERS/Andrew Kellywas down more than 20% from its Jan. 4 record closing high on Friday, putting it on track to confirm a bear market at the close.
The index would confirm it has been in a bear market if it ends more than 20% below the record closing high, according to a widely used definition.briefly slipped below 29,439.72, the minimum level it needs to close at to confirm a bear market.
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