The S&P 500 narrowly averts a bear market. How long do they last once they arrive?
The S&P 500 averted a bear market Friday, trimming losses to finish flat after trading solidly below a key threshold. But history shows that when a bear arrives, it tends to stick around awhile.
The large-cap U.S. benchmark SPX, +0.01% ended the session with a gain of less than a point at 3,901.36 after trading as low as 3,810.32. A close below 3,837.25 would mark a 20% pullback from the S&P 500’s Jan. 3 record finish, meeting the traditional definition of a bear market, according to Dow Jones Market Data.
The Dow Jones Industrial Average DJIA, +0.03% erased a 617 point loss to end the day at 31,261.90. A finish below 29,439.72 would put the blue-chip gauge into a bear market.
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