Drawdown tracker
Dow Jones Industrial Average: corrections and bear markets
The Dow Jones Industrial Average closed at 51,285.73 on Nov 6, 2026, 5.6% below its record close of 54,349.12 on Aug 5, 2026. That is not a correction: a correction means a decline of 10% or more from the record, which would take the index below 48,914.21; a bear market (20% or more) would mean a close below 43,479.30.
From record-5.6%Record 54,349.12 · Aug 5, 2026
Record closes in 202624Latest Aug 5, 2026
Correction level48,91410% below record
Bear market level43,47920% below record
Worst decline since 1992-53.8%Oct 2007 – Mar 2009
% below record, last 5 years
Year-end closes since 1992
Every Dow Jones Industrial Average decline of 10% or more since 1992
| Peak | Bottom | Decline | Type | Peak to bottom | Record regained | Peak to new record |
|---|---|---|---|---|---|---|
| Feb 10, 2026 50,188.14 |
Mar 27, 2026 45,166.64 |
-10.0% | Correction | 45 days | May 21, 2026 | 3 months |
| Dec 4, 2024 45,014.04 |
Apr 8, 2025 37,645.59 |
-16.4% | Correction | 4 months | Aug 22, 2025 | 9 months |
| Jan 4, 2022 36,799.65 |
Sep 30, 2022 28,725.51 |
-21.9% | Bear market | 9 months | Dec 13, 2023 | 23 months |
| Feb 12, 2020 29,551.42 |
Mar 23, 2020 18,591.93 |
-37.1% | Bear market | 40 days | Nov 16, 2020 | 9 months |
| Oct 3, 2018 26,828.39 |
Dec 24, 2018 21,792.20 |
-18.8% | Correction | 3 months | Jul 3, 2019 | 9 months |
| Jan 26, 2018 26,616.71 |
Mar 23, 2018 23,533.20 |
-11.6% | Correction | 56 days | Sep 20, 2018 | 8 months |
| May 19, 2015 18,312.39 |
Feb 11, 2016 15,660.18 |
-14.5% | Correction | 9 months | Jul 12, 2016 | 14 months |
| Oct 9, 2007 14,164.53 |
Mar 9, 2009 6,547.05 |
-53.8% | Bear market | 17 months | Mar 5, 2013 | 5.4 years |
| Jan 14, 2000 11,722.98 |
Oct 9, 2002 7,286.27 |
-37.8% | Bear market | 2.7 years | Oct 3, 2006 | 6.7 years |
| Aug 25, 1999 11,326.04 |
Oct 15, 1999 10,019.71 |
-11.5% | Correction | 51 days | Dec 23, 1999 | 4 months |
| Jul 17, 1998 9,337.97 |
Aug 31, 1998 7,539.07 |
-19.3% | Correction | 45 days | Nov 23, 1998 | 4 months |
| Aug 6, 1997 8,259.30 |
Oct 27, 1997 7,161.20 |
-13.3% | Correction | 3 months | Feb 10, 1998 | 6 months |
Declines of 10% or more on daily closing prices, measured from a record close to the lowest close before the record was regained. Durations are calendar time.
Other indexes
Source: daily closes from Yahoo Finance (the Dow series there starts in 1992). Not investment advice.