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U.S. stocks are set to close their worst quarter since 2008
Sep 30th, 2011 09:51 by News

30-Sep (The Wall Street Journal) — U.S. stocks are set to close out the worst three-month stretch since the nadir of the financial crisis. The Dow Jones Industrial Average and the Nasdaq each are down more than 10% for the third quarter, as of Thursday’s close. The S&P 500 slipped 12%.

Bank of America is “leading” the third-quarter blue-chip carnage, down 42%, followed by Alcoa’s 37% slide and the 35% stock-price decline for Hewlett-Packard.

[source]

Author key: MK - Michael J. Kosares; GC - George Cooper; PG - Peter A. Grant; JK - Jonathan Kosares; RS - Randal Strauss. [see also 12 yrs of Discussion Archives]

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