According to reports from BeInCrypto, a viral list on X claimed stock markets in 42 countries are in bear territory, though the analysis confirmed 27 markets actually meet the criteria. A bear market is defined as a 20% or more decline from a peak, and only seven of the 27 markets set their peak this year. Eleven markets remain below records from the 1999 to 2008 period, indicating some markets have been in bear territory for decades. As of November 5, 2026, the analysis shows 27 S&P 500 bear markets since 1928, with average prices falling 35% and 9.4 months passing from peak to trough.
As reported by BeInCrypto, Japan's Nikkei 225 fell 6% on Friday to 57,434.77, leaving it 21.1% below its June 22 record. South Korea's KOSPI dropped below 5,000 and set off a 20-minute trading halt, with the index 46.1% off its June peak. Indonesia, Turkey, Brazil, Taiwan, and Venezuela also entered bear territory this year. Indonesia's PSI is up about 13% over the past year but remains 37% below its March 2000 record. According to latest data, Bitcoin has been in a bear market since November 13, 2025, trading at ₹75,971 compared to its October 2025 record of ₹124,728, representing a 39.1% decline.
According to BeInCrypto analysis, the Nasdaq Composite fell 5.52% on Thursday, with a key chip index losing over 12%. The Nasdaq closed at 24,315, about 12% below its October 6 record, which is classified as a correction rather than a bear market. Another 9% drop would cross the bear market threshold. As of November 5, 2026, the Nasdaq 100 is in a correction, 14.7% off its high, with the index trading at 26,629.81 compared to its October 6 record of 31,224.47. The S&P 500 sits at 7,353.73, 6.25% below its October 6 record of 7,818.93, remaining close to but not yet in bear territory.
As reported by BeInCrypto, Cyprus and Iceland remain more than 75% below records set in 2007, while Greece is still nearly 60% under its 1999 peak. Portugal shows the gap with its PSI up about 13% over the past year but still 37% below its March 2000 record. Jed Ellerbroek, portfolio manager at Argent Capital Management, told Reuters that the recent decline feels like the capitulation phase for the data center capex beneficiary stocks, especially the semiconductors, with investors fearing Democrats' midterm wins would slow AI data center buildout. The historical data shows bear markets are fierce but much shorter than bull markets, with average bull market duration of 33 months delivering 114.5% gains compared to bear market averages.
