Hit new lows this year

[nancy]

Test No. incompl/advan-3 "Credit Card Holders", question 1

The stock market has hit new ......... this year.

(a) lows
(b) bottoms
(c) depths
(d) ends

Test No. incompl/advan-3 "Credit Card Holders", answer 1

The stock market has hit new lows this year.

Correct answer: (a) lows

Your answer was: incorrect
The stock market has hit new bottoms this year.
_________________________

I don' t understand the meaning of the sentence
in this case whats the meaning of hit?

[Torsten]

The stock market has reached its lowest level for this year.

TOEFL listening lectures: Why is Carlos Finlay significant?