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Dow on pace to enter bear market as S&P 500 trades just above June low in final hour of trading

dow on pace to enter bear market as sp 500 trades just above june low in final hour of trading

The Dow Jones Industrial Average DJIA, -1.11% is on track to finish Monday’s session in its first bear market in more than two years. Dow industrials were down by more than 200 points, or 0.8%, at 29,342 in the final hour of trading. A close at or below 29,439.72 would mark a pullback of at least 20% from the Dow’s Jan. 4 record finish, meeting widely used criteria for entering a bear market. The last time the Dow was in a bear market was between March 11 and March 26 of 2020, at the onset of the COVID-19 pandemic in the U.S. Meanwhile, the S&P 500 SPX, -1.03% traded just above its June lows on Monday, off by 0.6%, and the Nasdaq Composite COMP, -0.60% was slightly lower.

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