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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The World is ready for WWIII … PUTIN WILL KILL ALL…
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Dow on track to take out June low --- here's how far it has to fall to enter a bear marketThe Dow Jones Industrial Average is within striking distance of a bear market as major indexes slide toward their mid-June lows. This is what I feel will happen
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow drops over 500 points as stocks end sharply lower after Fed rate hikeStocks took a sharp turn lower to end a choppy session Wednesday, sinking after the Federal Reserve delivered a widely expected 75 basis point rate hike. The Dow Jones Industrial Average dropped around 522 points, or 1.7%, to end near 30,184: if im correct this may be the first time the market has fallen immediately after a rate hike rather than the day after.
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