The Stock Market Is Having Its Worst Quarter in Years—And Some ‘Pretty Rough’ Days. Can It Turn Around?
The US stock market is experiencing its worst quarter since 2022, with the S&P 500 down over 7% since the start of the year. The conflict in Iran and soaring oil prices have added to economic pressures, causing investors to be cautious and leading to a slow and steady downtrend in major stock indexes.
The US stock market is on track to post its worst quarterly performance since 2022. The S&P 500 has fallen over 7% since the start of the year, with losses coming after the US and Israel launched strikes on Iran in late February. The conflict has disrupted oil production and shipping, causing oil prices to rise. Economists fear higher energy costs will fuel inflation and weigh on the labor market. Investors are cautious, with trading patterns suggesting risk aversion. The financial sector and software companies will be closely watched during earnings season for signs of stability.
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