The stock market has been more turbulent in recent weeks, and even the high-flying Nasdaq Composite (NASDAQINDEX: ^IXIC) hasn't been immune. After having outperformed for much of the year, the index lost substantial ground on Thursday. As of 1 p.m. EDT, the Nasdaq was down more than 2%, falling below the 10,800 level.
Currently, the Nasdaq is down almost exactly 10% from its highs in early September. That's enough to qualify as a significant correction in the eyes of many investors. But some are starting to think that something that might have been unimaginable in the past could happen in this crazy 2020: two bear markets in a single year.
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