The Dow just tumbled into a bear market, ending the longest bull-market run in history—here’s how long those downturns last on average

If history is any indication, the new bear market could last a while.

It’s the end of a bullish era for the stock market and the beginning of a new phase of bearishness, after a sharp plunge for risk assets on Wednesday pushed the Dow Jones Industrial Average into bear-market territory for the first time in more than a decade.

The illness has infected more than 124,000 people and claimed nearly 4,600 lives worldwide, with market experts fearing that pandemic could disrupt global supply chains and drive the global economy into recession. Check out:Are stocks headed for a bear market? Here’s how far they would have to fall as coronavirus-fueled selloff continues

A bear market is widely defined as a drop of 20% from a recent peak. Stocks dropped into correction mode — defined as a pullback of 10% — late last month as fears over the economic impact of the coronavirus outbreak began to rise.

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