US STOCKS SNAPSHOT-Dow falls 20% from intraday record high of Jan 5

Reuters

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       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)
 ((caroline.valetkevitch@thomsonreuters.com))

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