SNAPSHOT Dow on pace to confirm bear market, falls 20% from record close

  • 📰 Reuters
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Dow Jones Industrial Average was 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.

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Bears Everywhere 🐻 Don’t Panick 📉 HODL 💎 stockmarketcrash bearmarket NFT NFTs NFTart NFTcommunitiy NFTcolletion womenintech

The World is ready for WWIII … PUTIN WILL KILL ALL…

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

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.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

#137 How to turn the shipping industry green; Enceladus passes habitability test‘Get it Done’ is the theme for this year’s Climate Week in New York, with hundreds of events taking place across the city. Reporter James Dinneen is there, and brings us news about how to reduce the massive impact of the shipping industry on greenhouse gas emissions. NASA’s DART mission is the first real-world planetary defence mission. And on Monday a 500-kilogram satellite will smash into a small asteroid called Dimorphous to try and change its orbit. The team explains what the mission hopes to achieve.Ants are everywhere. In fact, it’s estimated that Earth is home to 20 quadrillion of the things. Think of all the legs! In light of this news, the team discusses their favourite ants (yes they have favourites) - including the weaver ant which Rowan has been reading about in his favourite bedtime book, The Guests of Ants.Phosphorus has been discovered on Saturn’s moon Enceladus, meaning it now has all six of the essential elements for life. The team explains how the element was found in icy rock grains collected by the Cassini spacecraft.Covid may be triggering early puberty in some girls. While the condition was known about pre-pandemic, the surprising finding shows that since covid it’s happening in higher numbers and even sooner, in girls younger than seven. The team discusses whether it’s the stress of the pandemic or the disease itself that’s causing these effects. On the pod are Rowan Hooper, Chelsea Whyte, James Dinneen, Alex Thompson and Alex Wilkins. To read about these stories and much more, subscribe at newscientist.com/podcasts.Events and discount codes:New Scientist Live: newscientist.com/liveAutumn Special: www.newscientist.com/autumnspecial Dow: newscientist.com/dow rowhoop The Earth belongs to ants. rowhoop If you gave every ant alive just one second and stacked those seconds into the past you arrive at a time before the Universe exists. rowhoop I can't help thinking of the film - Phase IV
Källa: newscientist - 🏆 541. / 51 Läs mer »