The U.S. equity market declined 20.9% in the first quarter, posting its worst quarterly performance since the 2008 Global Financial Crisis. Stocks declined sharply and equity market volatility reached record-high levels in March, as uncertainty regarding the economic fallout of the COVID-19 pandemic weighed heavily on investor sentiment and drove non-fundamental selling across all sectors. The market experience some relief towards the end of March after the U.S. government passed a $2 trillion stimulus package, and the Federal Reserve unveiled measures to increase market liquidity, facilitate credit to businesses, and provide direct payment to individuals.

Read our complete summary and report here: Q12020CapitalMarketsReview_224