Stocks fall again, head for worst quarter since early 2020

Stocks fell in afternoon trading on Wall Street Thursday and are on track 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 year to 20%.

The benchmark index has been on a dismal streak that dragged it into a bear market earlier this month.

The Dow Jones Industrial Average fell 0.7% and the Nasdaq fell 0.9%.

Tech stocks and retailers and other companies that rely directly on consumer spending were posting some of the biggest losses, as they have all year.

The yield on the 10-year Treasury fell to 2.98%.

Categories: National News