Spencer Platt New York city New York covid-19 2020 pandemic Spencer Platt New York city New York

Dow, S&P 500 post worst March since the Great Depression

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Traders work on the floor of the New York Stock Exchange (NYSE) on March 20, 2020 in New York City. (Photo by Spencer Platt/Getty Images) NEW YORK - U.S.

equity markets ended the final day of the first quarter lower in what is the worst first-quarter performance on record. For the Dow Jones Industrial Average, down over 22 percent, it is the worst month since 1987, for the S&P the worst since 2008.

On the day, the Dow over 400 points or 1.8 percent, wiping out earlier gains. The S&P 500 fell 1.6 percent, and the tech-heavy Nasdaq Composite slipped 0.9 percent. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates The Dow, which through Monday had fallen almost 22 percent this year, was on track for its

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The economy is recovering, says President during meeting with professionals
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