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Stock impact report

As S&P 500 selloff approaches 20%, what next? [Reuters (UK)]

Universal Health Services, Inc. (UHS) 
Last universal health services, inc. earnings: 4/27 04:17 pm Check Earnings Report
US:NYSE Investor Relations: ir.uhsinc.com/investor-overview
Company Research Source: Reuters
As S&P 500 selloff approaches 20%, what next? - Reuters 5 Min Read SAN FRANCISCO (Reuters) - Fear about the coronavirus has pulled the S&P 500 down nearly 20% from its record high. So what? For many investors, Wall Street’s recent deep losses are marking the end of the longest S&P 500 bull market on record, and their question now is, how deeply will a new bear market fall before recovering? Following three weeks of volatility on Wall Street, the S&P 500 .SPX will be confirmed to be in a bear market - by a traditional definition - if the benchmark extends its decline to 20%. The Dow Jones Industrial Average .DJI on Wednesday tumbled 5.86%, bringing its loss from its Feb 12 high to 20.30%, confirming it has entered a bear market. The S&P 500 fell 4.89%, extending the loss from its Feb 19 record high to 19.04% for the first time. The Nasdaq dropped 4.70% and is now down 19.0% from its high, also on Feb 19. The latest investor pessimism came after the World Health Organization classified Show less Read more
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