NEW YORK (AP) – Stocks fell and ended the first quarter 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.
Up next for the market: Friday’s jobs report and company earnings period.
Stay with 8News for updates to this developing story.
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