Why it matters
Bear markets often signal economic worries and reduce the value of investments.
Bear market in the news
More Finance terms
Initial public offering
The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.
Market capitalisation
The total value of a listed company, calculated as its share price multiplied by the number of shares.
Bond yield
The annual return an investor earns on a bond, which moves in the opposite direction to the bond's price.
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