Worst Quarterly Start Since Great Depression

If you feel like the second quarter began badly, you’d be right.U.S. stocks had their worst April start since 1929, according to data compiled by Bloomberg. The S&P 500 index slumped 2.2 percent, a rout exceeded only by its 2.5 percent decline 89 years ago, a prelude to the devastating crash later that year that brought on the Great Depression. (Back then, the index only comprised 90 stocks.)

Source: Stocks’ Second-Quarter Start Is the Worst Since the Great Depression – Bloomberg

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