NEW YORK/LONDON (Financial Times) -- U.S. stocks have notched their longest streak of quarterly losses since the market collapse of 2008, weighed down by central banks' determination to tame inflation through higher interest rates.
The blue-chip S&P 500 index dropped 1.5% on Friday, bringing the loss over the quarter between June to September to 5.3%. The S&P has now declined for three quarters in a row, the most since the prolonged bear market that accompanied the global financial crisis.
