All three stock-market indexes book losses of at least 4.4%
by Mark DeCambre
The stock market on Wednesday started the second quarter nearly the same way it ended March, with bruising losses.
A resumption of declines to commence the first trading day in April, or the second quarter, for already-battered equity gauges, resulted in the worst start to a quarter for stock-market bulls ever.
For the broad-market S&P 500 index, its decline of 4.44% represents the index’s worst first day of any quarter on record, according to Dow Jones Market Data. The index was created in 1957, to put things into perspective.