The US is officially in bear market territory

By Edward Harrison On Oct 4, 2011

In early trading today, the S&P 500 has dipped deep into the red, with stocks trading off 2%. The S&P 500 at 1076 is down over 20% since its yearly high as predicted. Next stop for support is 900-950.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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