Updated April 1st, 2020 at 11:50 IST

Stocks fall, closing out worst quarter since 2008

Stocks closed lower on Wall Street Tuesday, ending the three months of the year with a decline of 20%, the market's worst quarter since the dark days of the financial crisis.

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Stocks closed lower on Wall Street Tuesday, ending the three months of the year with a decline of 20%, the market's worst quarter since the dark days of the financial crisis.

The loss for the S&P 500 in March alone was 12.5% as the surge of coronavirus cases sent investors fleeing from the market.

Stocks did claw back some of those losses with a rally the past week. Massive aid for the economy and markets from the Federal Reserve and Capitol Hill have helped spur some buying, although the S&P 500 and the Dow fell more than 1.5% Tuesday.

 

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Published April 1st, 2020 at 11:50 IST