The Dow Jones Industrial Average fell into a bear market on Wednesday for the first time since 2009. Many traders say it won’t be there for long, viewing the coronavirus scare as likely having only a transitory impact on the economy. “As quickly as we came into this bear market, we could come out of it if we saw improvements,” said Rich Steinberg, chief market strategist at the Colony Group.

Source: Wall Street Journal March 11, 2020 22:18 UTC