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Economy

Economic Data (USA)

Monday, March 23, 2020

Bear Market Update

Bear Market Update for March 23, 2020:

  • Since closing at a record high of 29,551.42 on February 12, 2020, the Dow Jones Industrial Average (DJIA) has lost 10,959.49 points (-37.086%.)

  • Since closing at a record high of 3,386.15 on February 19, 2020, the Standard + Poor's 500 Index has lost 1,148.75 points (-33.925%.)

  • Since closing at a record high of 9,817.18 on February 19, 2020, the NASDAQ Composite Index has lost 2,956.51 points (-30.116%.)

  • Since closing at a record high of $145.29 on July 3, 2008, a barrel of NYMEX Crude Oil for future delivery has lost $121.93 (-83.922%.)

 Summary of The U.S. Markets for Today:

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DJIA: lost 582.05 points to close @ 18,591.93 (-3.036%)

NASDAQ: lost 18.84 points to close @ 6,860.67 (-0.275%)

S + P 500: lost 67.52 points to close @ 2,237.40 (-2.929%)

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The Target Range for the Fed Funds Rate is 0% - 0.25%

The United States Prime Rate is 3.25%

10-Year Treasury Note Yield is currently @ 0.788%

 

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