Wall Street

S&P 500 wobbles to the end of its worst first-half since 1970

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Reuters

By Stephen Culp NEW YORK (Reuters) – Wall Street slid into the finish line of a dismal month and quarter on Thursday as a continued sell-off put a grim punctuation mark at the close of the S&P 500’s worst first-half in more than half a century. All three major U.S. stock indexes were down but off session lows on the last day of the month and the second quarter, putting S&P 500 has set a course for its steepest first-half percentage drop since at least 1970. The Nasdaq was on its way to its worst-ever first-half performance, while the Dow appeared on track for its biggest January-June percentag…

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