Stocks fell on Thursday, as the S&P 500 capped its [worst first half in more than 50 years]( https://www.cnbc.com/2022/06/30/the-markets-worst-first-half-in-50-years-has-all-come-down-to-one-thing.html).
The Dow Jones Industrial Average shed 252.10 points, or 0.8%, to 30,777.21. The S&P 500 slid 0.9% to 3,785.38, and the Nasdaq Composite pulled back by 1.3% to 11,028.74.
Thursday marked the final day of the second quarter. The Dow and S&P 500 posted their worst three-month period since the first quarter of 2020 when Covid lockdowns sent stocks tumbling. The tech-heavy Nasdaq Composite is down 22.4% over the past three months, its worst stretch since 2008.
The S&P 500 is also on pace for its worst first half of the year since 1970, hurt by worries about surging inflation and Federal Reserve rate hikes, as well as Russia’s ongoing war on Ukraine and Covid-19 lockdowns in China.
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