Dow falls 20% from intraday record high of Jan 5
Sept 23 (Reuters) - The Dow Jones Industrial Average .DJI 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
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