Please use symbol entry at top right of page to search

US STOCKS SNAPSHOT-Dow falls 20% from intraday record high of Jan 5

Sept 23 (Reuters) - The Dow Jones Industrial Average was down more than 20% from its Jan. 5 intraday record high on Friday amid worries that aggressive policy tightening by the Federal Reserve will push the economy into a recession.

The index would confirm it has been in a bear market if it closes more than 20% below the record high close, according to a widely used definition. (Reporting by Caroline Valetkevitch in New York and Sruthi Shankar in Bengaluru; Editing by Anil D'Silva)

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.