Alva Review-Courier -

Stocks fall, capping Wall Street's worst quarter since 2008

 


NEW YORK (AP) — Stocks fell Tuesday to close out Wall Street's worst quarter since the most harrowing days of the 2008 financial crisis.

The S&P 500 dropped a final 1.6%, bringing its loss for the first three months of the year to 20% as predictions for the looming recession caused by the coronavirus outbreak got even more dire. Stocks haven't had this bad a quarter since the last time economists were talking about the worst downturn since the Great Depression, when the S&P 500 lost 22.6% at the end of 2008.

The surge of coronavirus cases around the world has sent markets to breathtaking...



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