S&P 500 heads for worst quarter since 2022 as Iran war, rate worries rattle Wall Street

The broad U.S. equity index recorded its worst quarter in four years as investors retreated. Selling was driven primarily by inflation fears, uncertainty over the Iran war and concerns about the economic impact of artificial intelligence, prompting a risk-off stance and higher market-wide volatility.

Analysis

The broad U.S. equity index recorded its worst quarter in four years as investors retreated. Selling was driven primarily by inflation fears, uncertainty over the Iran war and concerns about the economic impact of artificial intelligence, prompting a risk-off stance and higher market-wide volatility.