Dow Ends Worst First Quarter In Its 135-Year History

The Washington Post reports:

Wall Street concluded one of its worst-ever starts to a year on Tuesday with markets staggering under trillions in losses from an economy paralyzed by the coronavirus. The Dow Jones industrial average plunged more 400 points, or roughly 1.9 percent, for the worst first-quarter finish of its 135-year history.

The virus has killed thousands across the globe, including in the U.S. The national lockdown imposed to contain the virus has sent the American economy into a self-induced seizure and stocks into a steep decline.

The end of a historic bull run came swiftly to investors riding high from a 30-percent stock gain in 2019. The Dow was within a wisp of the 30,000 threshold just weeks ago.