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Dow Has Worst Quarter Ever

This was Wall Street's worst quarter since 2008 financial crisis
By Newser Editors and Wire Services
Posted Mar 31, 2020 3:00 PM CDT

(Newser) – Stocks are down in subdued trading Tuesday, as Wall Street's wraps up its worst quarter of performance since the 2008 financial crisis, the AP reports. The S&P 500 is down in afternoon trading after flipping between modest losses and gains, pushing its loss for the first three months of the year to 20.2%. The Nasdaq's quarterly loss was 14.18% while the Dow, which lost 410 points Tuesday, saw a 23.2% quarterly loss, per Marketwatch. That's the worst quarter of its 135-year history. Trading was similarly shaky elsewhere earlier in the day: Global markets initially rose following a stronger-than-expected report on China’s economy, but momentum briefly stalled after the number of deaths caused by the coronavirus outbreak jumped in Spain. Major European indexes shook off the early slide and were headed higher. (Read more stock market stories.)

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