Economics
U.S. Stocks Advance, Shaving Worst Quarterly Rout in Four Years
- Third-quarter's worst-hit shares help pace the rebound
- S&P 500 Index caps strongest session since September 8
Why This Third Quarter Is Difficult for Investors
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For traders who suffered through the worst quarter for equities in four years, the Standard & Poor’s 500 Index’s best rally in three weeks Wednesday was little more than a token consolation.
Investors targeted their buying in some of the third quarter’s most-battered companies, with energy, raw-material and health-care shares among the leaders of the S&P 500’s 10 main groups after falling the most since June. All 10 industries in the benchmark advanced today, while a gauge of volatility had its steepest decline in more than a week.