What is a bear market? The Nasdaq is already in one — and the S&P 500 is close

Stocks continued their downward trend on Monday, with the Dow Jones Industrial Average dropping 349 points (0.91%) and the S&P 500 losing 12 points (0.23%). The Dow has now decreased by 11.3% over the past month, while the S&P has fallen by 12.3%. Despite the overall decline, the Nasdaq saw a slight increase of 15 points (0.1%), but remains down 19% for the year.

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