Home Finance The Dow Is on Track to Exit Correction Territory

The Dow Is on Track to Exit Correction Territory


The Dow was on track to exit correction territory on Thursday as trade deal optimism continued to lift the stock market from its lows in early April.

The blue-chip index was up 1% to 41,542. Any close above 41,410.15 would represent a 10% rise from its recent low, putting the index out of a correction.

It was down as much as 18.7% from its Dec. 4 high to its April 7 low, according to Dow Jones Market Data. A close down 20% from that high would have put the index in a bear market.

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