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As S&P 500 selloff approaches 20%, what next?
Fear about the coronavirus has pulled the S&P 500 down nearly 20% from its record high. For many investors, Wall Street's recent deep losses are marking the end of the longest S&P 500 bull market on record, and their question now is, how deeply will a new bear market fall before recovering? Following three weeks of volatility on Wall Street, the S&P 500 will be confirmed to be in a bear market - by a traditional definition - if the benchmark extends its decline to 20%.
https://finance.yahoo.com/news/p-500-selloff-approaches-20-223543541.html?.tsrc=rss
Fear about the coronavirus has pulled the S&P 500 down nearly 20% from its record high. For many investors, Wall Street's recent deep losses are marking the end of the longest S&P 500 bull market on record, and their question now is, how deeply will a new bear market fall before recovering? Following three weeks of volatility on Wall Street, the S&P 500 will be confirmed to be in a bear market - by a traditional definition - if the benchmark extends its decline to 20%.
https://finance.yahoo.com/news/p-500-selloff-approaches-20-223543541.html?.tsrc=rss
