Dow Jones Ends 11-Year Bull Run With 1460-Point Loss

Investor’s Daily reports:

The Dow Jones Industrial Average dropped more than 5.2% to retrace all of Tuesday’s rebound and more in the stock market today. At the day’s low of 23,606, the Dow industrials also fell 20.2% below its 29,568 peak to meet the textbook definition of a bear market-level decline.

Among the biggest losers on the 30-stock Dow industrials, Boeing (BA) led the downside with a 30-point drop and hit 200 for the first time since July 2017. Another five Dow Jones stocks dropped 8 points or more, including Apple (AAPL).

As more large-audience events get canceled and corporations require their employees to work from home, certain stocks that provide online entertainment and health care services are attracting more institutional attention.