Dow on track to take out June low — here’s how far it has to fall to enter a bear market

The Dow Jones Industrial Average is in danger of trading below its June 17 closing low at 29,888.78. The blue-chip gauge is not far off the threshold for entering a bear market. The big question remains around the broader S&P 500 index SPX, -1.43% and the potential for the more closely followed large-cap benchmark SPX. The Federal Reserve earlier this week delivered another outsize interest rate hike and signaled it would drive rates higher than market participants had previously anticipated.

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