Stocks end September down 9.3%, worst month since March 2020

Stocks end September down 9.3%, worst since March 2020

NEW YORK (AP) — Wall Street closed out a miserable September on Friday with the S&P 500’s worst monthly skid since March 2020, when the coronavirus pandemic crashed global markets.

Wall St posts third straight quarterly loss as inflation weighs, recession looms By Reuters

Wall St posts third straight quarterly loss as inflation weighs, recession looms

US stocks end September down 9.3% in worst month since March 2020

Financial markets continue to struggle amid fear about a possible recession and rising interest rates

Stocks End September Down 9.3 Percent, Worst Month Since March 2020

Wall Street closed out a miserable September on Friday with the S&P 500’s worst monthly skid since March 2020, when the coronavirus pandemic crashed global markets. The benchmark index ended the month with a 9.3 percent loss and posted its third straight losing quarter. It’s now at its lowest level since November 2020 and is down by more than a quarter since the start of the year. The main reason financial markets continue to struggle is fear ab…

US stocks end lower, adding to week's losses

However, the inflation rate still exceeded analyst expectations, a dynamic that will likely keep the Federal Reserve on its current path to hike interest rates aggressively. The yield on the 10-year US Treasury note, a proxy for interest rates, rose closer to four percent.

Stocks end September down 9.3%, worst month since March 2020

Friday marked the end of the week and month on Wall Street, closing out with losses across the board.