US enters bear market because of coronavirus pandemic

Published



U.S. markets closed Wednesday in bear territory, as stocks lost more than 20% in value from their record high in February.

The Dow Jones Industrial Average fell by 5.87% to close at 23,550 points, which is more than 20% lower from its February all-time high of over 29,000 points.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.