Stocks slip at open, headed for worst quarter since 2008
Dow sees worst three-month period since late 1987
This photo shows the exterior of the New York Stock Exchange, Wednesday, July 8, 2015, in New York. NYSE resumed trading hours after trading halted late Wednesday morning because of technical trouble. (AP Photo/Bebeto Matthews)
Posted at 7:58 AM, Mar 31, 2020
and last updated2020-03-31 09:58:49-04
NEW YORK (AP) — Stocks opened slightly lower on Wall Street Tuesday as investors close out a brutal month of March.
The S&P 500 is headed for its biggest quarterly decline since the last quarter of 2008.
For the Dow, it could be the worst three-month period since late 1987.
After dropping sharply for two weeks, the market rallied recently on moves by central banks and governments to boost their economies, but the mood among investors still appears closely linked to evidence of the spread of the coronavirus pandemic.
Oil prices rose a day after dropping to their lowest level since 2002.
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