The benchmark fell over 20% from its January high of 4,796.56 before erasing losses to close at 3,901.36. An official bear market would require the benchmark to close at or below 3,837.25.
|I:DJI||DOW JONES AVERAGES||31928.62||+48.38||+0.15%|
|I:COMP||NASDAQ COMPOSITE INDEX||11264.448243||-270.83||-2.35%|
The Dow Jones Industrial Average ended the session little changed, while the Nasdaq Composite slipped by 0.3%.
Bear Market Facts
- The index last entered a bear market on March 12, 2020 and hit its bottom on March 23, 2020
- The index fell 33.9% from its peak to bear market low in its last bear market (from 2/19/2020 to 3/23/2020)
- The average bear market sees a peak to bear market low decline of 35.5% or 33.2%, based on the median
Source: Dow Jones Market Data Group