Dow to start Friday on brink of bear market

Newswire

NEW YORK, June 26 (Reuters) - The Dow will start Friday just one moderately bad day away from being in a bear market, the closest it's been to that technical threshold in eight years. The Dow closed on Thursday at a level roughly 120 points above bear market territory, or 20 percent below its all-time high. A drop of 120 points is not unusual these days, with six of the 19 trading days so far this month featuring drops of that level or more. Many on Wall Street think a bear market has ...

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