Yahoo Finance Live's Brian Sozzi breaks down the stat of the day.
BRIAN SOZZI: All right, this bear market could just be getting started, if history is any guide. Since 1950, the average bear market has lasted 338 days and saw the S&P 500 fall an average of 30.2%. Source for all these fun facts, LPL Financial's Ryan Detrick.
JULIE HYMAN: Why do you sound so gleeful about this, Sozz?
BRIAN SOZZI: I was laughing at the salami comment I made.
JULIE HYMAN: Oh.
BRIAN SOZZI: Yeah, I'm not rooting for any bear markets here. It's all about that salami.