Was October 23, 2026 a bear market in United States?
NO
No — as of Thursday's close, the S&P 500 was 2% below its record, not 20%.
Why
- S&P 500 closed 7,663.43 on Oct 22, down 1.2%
- Record close 7,818.93 on Oct 6, 2026
- Philadelphia Semiconductor Index down 26% from June peak