Three incredible facts about the market's horrible run

Just how rotten has 2016 been to stocks?

Before Thursday's gains, S&P Dow Jones Indices' Howard Silverblatt provided three facts that put the horrible run in context.

1. The Dow has suffered its worst-ever opening to the year.

The Dow Jones industrial average, which was created in 1896, has never begun a year with 12 worse trading days. Through Wednesday's close, the Dow has fallen 9.5 percent. Even including the 1.3 percent gains as of noon Thursday, the Dow is still down nearly 8 percent in 2016.

The S&P 500 has fared worse in a year's first 12 sessions just once. That year? 2009.

Read More Dow adds 200 points as oil surges after inventory data

2. $4.6 trillion in global market cap has been lost

In the comprehensive S&P global broad market index, $4.623 trillion in market capitalization has evaporated since the year began, according to Silverblatt. U.S. stocks have contributed to $2.12 trillion of that value destruction, with the other $2.5 trillion in losses coming from other countries.

From the S&P 500 alone, $1.6 trillion in value has evaporated as of Wednesday's close.

3. More than half of the S&P 500 is in a bear market

The traditional definition of a "bear market" is a condition in which a stock or an index is 20 percent or more off its 52-week high. By this measure, 289 of the S&P 500's components are in a bear market, as of Wednesday's close.

Leading that list is Chesapeake Energy, which on Wednesday was down as much as 87 percent from the 1-year high it hit in February.

On Thursday, Chesapeake is following oil higher, with an 8 percent bounce.

Latest Special Reports

  • A logo sits on a sign at the World Economic Forum in Davos, Switzerland, on Thursday, Jan. 23, 2014.

    Coverage of the World Economic Forum’s annual meeting in Davos, Switzerland.

  • Take an in-depth look at the world of modern medicine - examining the treatments, companies and people making a difference in the way we treat illness and injuries today, and laying the foundation for the medical treatments of tomorrow.

  • Fintech

    From Apple Pay to roboadvisors, the worlds of finance and technology are changing the way we live, work, spend money, and do business.




About Trading Nation

  • Trading Nation will offer enthusiast traders insights from a group of "Trader Coaches," a collection of expert CNBC Contributors who are well-versed in the daily challenges of trading. Each "Trader Coach" will have a different area of expertise, and will share their unique perspective on the markets, allowing new insights to emerge from this collaboration. Trading Nation is not simply about finding that next trade; it's a forum where enthusiast traders can hear and compare investing ideas in order to build confidence in their trading decisions.

On-Air Video

@TradingNation




Host

"Power Lunch" Co-Anchor