As Wall Street comes off one of its worst weeks in four years, and a wild Monday, investors are wondering how long the correction will last, and what the future holds as angst builds over global growth fears and coming U.S. interest rate hikes.
The Dow is now gyrating after it plunged to 16,450 Friday and experienced an intra-day swing of near 1,100 points on Monday, leaving it more than 10 percent below its record close in May. The Dow hit an 18-month low at 16,106 on Monday morning before it trimmed losses. The NASDAQ is down 11 percent from a record high reached earlier this year and is on pace for its worst month since November 2008.
To help investors make sense of the chaos, here are answers to the most frequently asked questions about bear markets.