The S&P 500 is trading in bear-market territory. Here’s how long they last.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

How long does an average bear market last? The clock may be ticking on S&P 500

The S&P 500 index on Friday traded below the threshold that will mark a bear market if losses hold through the closing bell. History shows that when the bear arrives, it tends to stick around awhile.

The Dow Jones Industrial Average DJIA, -1.92% isn’t terribly far behind, ending at 31,253.13 on Thursday, 15.1% below its Jan. 4 record close. It was down another 1.3% near 30,844 on Friday. A finish below 29,439.72 would put the blue-chip gauge into a bear market.To be sure, many investors and analysts see that 20% definition as an overly formal if not outdated metric, arguing that stocks have been behaving in bear-like fashion for weeks.

The steepest fall, a peak-to-trough decline of nearly 57%, occurred in the 17 months that marked the 17-month bear market that accompanied the 2007-2009 financial crisis. The longest was a 48.2% drop that ran for nearly 21 months in 1973-74. The shortest was the nearly 34% drop that took place over just 23 trading sessions as the onset of the COVID-19 pandemic sparked a global rout that bottomed out on March 23, 2020, and marked the start of the current bull market.

Read: S&P 500 earnings are another potential `shock’ awaiting financial markets trying to shake off stagflation fears: economist

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nasdaq, S&P 500 drop 3% as growth stocks rally wanesThe Nasdaq and the S&P 500 dropped 3% on Wednesday as a rally in growth shares faded amid economic growth concerns, while Target plunged to the bottom of the S&P 500 after the retailer became the latest victim of surging prices.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks tumble on recession fears, with the S&P 500 nearing a bear marketHigh inflation, rising interest rates and disappointing corporate earnings are souring Wall Street's outlook. This is what you get for keeping Quantitative Easing for way too long. Interest rates should have been boosted *long* ago. If we had kept QE any longer, we would've met the same fate that Japan and Turkey are now facing--a currency crash. 💴🔥 So we just sent $40 billion to Ukraine.. Hmm BIDEN 2024 !
Source: CBSLA - 🏆 552. / 51 Read more »

Deutsche Bank cuts baseline market forecast and sees S&P 500 at 3,000 if there's a recessionStocks could be in for much more pain ahead if a recession is imminent, according to Deutsche Bank's Binky Chadha.
Source: CNBC - 🏆 12. / 72 Read more »

Investors Have ‘Nowhere To Hide’ As S&P 500 Nears Bear Market TerritoryThe stock market moved lower on Thursday—pushing the S&P 500 to the brink of bear market territory—as investors continued to offload shares following warnings from major retailers about inflationary pressures.
Source: Forbes - 🏆 394. / 53 Read more »