Stocks fell in afternoon buying and selling on Wall Street Thursday and are on monitor to cap off their worst quarter since the early days of the pandemic.
The S&P 500 index gave up 0.5%, bringing its losses for the 12 months to twenty%.
The benchmark index has been on a dismal streak that dragged it right into a bear market earlier this month.
The Dow Jones Industrial Average fell 0.7% and the Nasdaq fell 0.9%.
Tech shares and retailers and different corporations that rely immediately on shopper spending have been posting among the greatest losses, as they’ve all 12 months.
The yield on the 10-year Treasury fell to 2.98%.
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