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Wall Street Officially Enters “”Bear”” Market

The bears have seized upon the blue chips. Wall Street´s most recognizable index, the Dow Jones industrial
average,

is now down more than 20 percent from its all-time high, qualifying for bear market status.

With the Nasdaq composite and the
S-and-P 500 index having already fallen prey to the bears, today´s selling is centered on the 30 industrial stocks that make up the Dow.