US STOCKS SNAPSHOT-Dow on pace to confirm bear market, falls 20% from record close
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. 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. The Dow Jones Industrial Average briefly slipped below 29,439.72, the minimum level it needs to close at to confirm a bear market.
Published:9/23/2022 11:40:58 AM