Dow falls nearly 500 points as stocks wrap losing month and quarter

  • Dow falls nearly 500 points as stocks wrap losing month and quarter

    U.S. stocks wrapped the month and quarter with losses as volatility spiked on recession concerns driving the Dow Jones Industrial Average into a bear market. For the month, the Dow and the S&P 500 lost 9%, while the tech-heavy Nasdaq Composite fell 10%. The 10-year Treasury yield clocked its third straight quarter of gains settling at 3.802%. In commodities, oil fell 25% this quarter to $79.49 per barrel.

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