Last night Stocks Soar as Bernanke Calms Jitters
- The Dow Jones Industrial Average gained 236.16, or 3.3 percent, to close at 7,350.94. The S&P 500 rose 4 percent and Nasdaq advanced 3.9 percent.
This came after stocks dropped more than 3 percent on Monday, ending at levels not seen since May 1997.
This is where we are at the current bear market.
And how does this compare to previous bear markets?
The following chart shows where the current bear market stands.
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