Wall Street posts monthly loss, worst quarter since COVID outbreak

Published by
Reuters

By Stephen Culp NEW YORK (Reuters) – All three Wall Street major indexes ended lower on Thursday and posted their worst quarters in at least 12 months, following a tumultuous month and period wracked by concerns over COVID-19, inflation fears and budget wrangling in Washington. The U.S. Senate and House approved a stopgap spending bill to keep the government running late in the session, but after a brief market uptick, stocks resumed their decline, dragging even the Nasdaq into the red after trending higher most of the day. “The market’s been resilient, but the risk tied up in the policy headl…

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