Coronavirus creates a true ‘bear market’ for Wall Street

Wall Street’s staggering skid that began less than three weeks ago has pulled the Dow Jones Industrial Average into what’s known as a bear market.
After a string of sharp losses, the Dow has now fallen more than 20% from its last peak on Feb. 12.
On Thursday, the S&P 500 was also in bear market territory. If it remains there at the close of trading, it will spell the officially end to the bull market for stocks that began more than a decade ago.
The Nasdaq was also down more than