The S&P 500 dropped more than 4.5% for the first quarter of 2025 as of Monday’s close, and the tech-heavy Nasdaq plummeted 10.4%. The last time U.S. markets stumbled as badly was in the middle of 2022 after Russia’s late-February invasion of Ukraine, shocking the global economy as Western nations hit Moscow with severe sanctions and commodities like oil and grains shot up in price. The quarter marked the S&P’s worst performance versus the rest of the world since 1980, according to Dow Jones — at a time when a number of foreign stock markets have surged.
Author: Steve Kopack
Published at: 2025-03-31 21:25:21
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