If the lows reached in the first quarter was indeed the market bottom, we can classify the plunge as a severe correction — the TSX was down 18 % from its 52 - week high and the S&P 500 tiptoed into
bear market territory when it was down 20.25 % briefly.
Not exact matches
Travis Hoium (Colgate - Palmolive):
When the stock
market is in bull or
bear territory, do you change your toothbrushing or dishwashing habits at all?
While Facebook remains more than 10 % below a record set earlier this year, it has sharply rebounded from recent weakness,
when a scandal over how it handled its user data pushed it into
bear -
market territory, or a decline of at least 20 % from a peak.
And even
when stocks have slipped into
bear market territory (20 percent below recent highs), the
market has recovered and continued to grow throughout history.