NEW YORK – The S&P 500 closed the books on its steepest September decline in twenty years on Friday, skidding throughout the end line of a tumultuous quarter fraught with traditionally sizzling inflation, rising rates of interest and recession fears.
All three main indexes veered to a sharply decrease finish, having quashed a short rally early within the session.
The S&P and the Dow notched their third consecutive weekly declines, and all three indexes posted their second straight month-to-month losses.
Within the first 9 months of 2022, Wall Avenue suffered three quarterly declines in a row, the longest shedding streak for the S&P and the Nasdaq since 2008 and the Dow’s longest quarterly droop i…
Carry on studying: Wall Avenue posts third straight quarterly loss as inflation weighs, recession looms