Russell 2000 Enters Bear-market Territory

The Russell 2000 index , which gauges the performance of small-capitalization stocks, is off 1.3% intraday to 1,032 and is now 20% below its all-time high, set on June 23, 2015 -- a move which represents the traditional definition for an asset falling into bear-market territory. The last bull market lasted 935 trading days, the longest since the bull market from October 2002 through July 2007, during which the index more than doubled, according to FactSet data.