Wall Street Slides, S&P 500 Posts Worst Month, Quarter Since COVID-19 Outbreak

Wall Street Slides, S&P 500 Posts Worst Month, Quarter Since COVID-19 Outbreak
A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City on Sept. 17, 2019. Brendan McDermid/Reuters
|Updated:

NEW YORK—Wall Street ended sharply lower on Thursday and the S&P 500 posted its worst month since the onset of the global health crisis, following a tumultuous month and quarter wracked by concerns over COVID-19, inflation fears, and budget wrangling in Washington.

The U.S. Senate and House approved a stopgap spending bill to keep the government running late in the session, but after a brief market uptick, stocks resumed their decline, dragging even the Nasdaq into the red after trending higher most of the day.