Brendan McDermid | Reuters
It might be premature to declare the bear market dead, but Thursday’s action sure checked off some important boxes.
Conventional Wall Street wisdom is that bear markets, or 20% declines from 52-week highs, die on bad news, and Thursday featured some of the worst the U.S. economy has ever seen.
Nearly 3.3 million Americans filed initial jobless claimsfor the…
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