The Dow just clinched its fastest bear-market recovery in 30 years
Posted on AllSides November 16th, 2020
From The Center
The Dow Jones Industrial Average on Monday notched its first all-time high since February, ending a relative fallow period for the blue-chip benchmark, which was hit hard by the COVID-19 pandemic relative to its peers.
But the climb still represents the fastest rebound from a bear-market low for the benchmark in about three decades, according to Dow Jones Market Data.
On Monday, the Dow DJIA, +1.59% finished firmly above its Feb. 12 closing high at 29, 551.41. At 193 trading days, it is the fastest bounceback from a fall of...
