Wall Street ends first quarter down 20%
S&P 500 has biggest first-quarter decline on record
31 March 2020 - 23:09
New York — Wall Street's three major indexes tumbled on Tuesday, with the Dow registering its biggest quarterly decline since 1987 and the S&P 500 suffering its deepest quarterly drop since the financial crisis on growing evidence of huge economic damage from the coronavirus pandemic.
In one of the fastest turns into a bear market, the S&P 500 and the Dow both ended the first quarter more than 20% below the end of 2019, as the health crisis worsened in the US and brought business activity to a standstill...
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