“The Dow just booked the worst 1st quarter in 124 years…”
April 1, 2020
“Indeed, it has been punishing for investors, as the market went into a coronavirus-sparked free fall that has the 124-year-old Dow Jones Industrial Average registering its worst quarterly loss since the fourth quarter of 1987. The three-month skid represented the steepest first-quarter drop, from January through the end of March, in the index’s history, according to Dow Jones Market Data.
The dizzying equity meltdown has amounted to a more than 23.2% quarterly skid for the Dow industrials DJIA, -2.622%, while the S&P 500 SPX, -2.980% has declined more than 20% over the period, which marks the broad-market index’s sharpest such decline since the 2008 financial crisis…”