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Nearly a 300point day on the Dow Jones Industrial average. Welcome to the closing bell. Im kelly evans in for maria bartiromo. Bill griffith joins us here in just a second. Stocks are kicking off 2013 with one of the biggest rallies weve seen in some time. The biggest, in fact, since 2009. Heres a quick look at how were finishing the day on wall street, waiting for the settle to come through to see if we can hit the three handle on the Dow Jones Industrial average, but we wont be far away from it, regardless. The nasdaq is adding about 88 points, the s p 500 and, bill, the bottom line, up anyw...

A shockingly large number of stocks are in bear-market territory — 48% now vs 32% in February.

The market’s day-to-day fluctuations during a bear market are random. 

While stocks have rebounded in recent weeks, a key signal suggests where markets are headed next.

Other than commodities, the other primary asset classes are down through the first two quarters of 2022, with equities and long-dated US Treasury bonds in bear market territory.