Stocks fall, close out biggest quarterly drop since 2008

Stocks fall, close out biggest quarterly drop since 2008

NEW YORK (Reuters) - Global stock markets fell in volatile trading on Tuesday, and the economic damage from the coronavirus pandemic left the MSCI benchmark of world equities with its biggest quarterly decline since the financial crisis of 2008.. European equities finished their worst three months since 2002, while Britain's FTSE index posted its largest quarterly drop since 1987.. Government bond yields dipped slightly, with U.S. benchmark 10-year notes US10YT=RR up 1/32 in price to yield 0.6679%, from 0.671% late Monday.. FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020.. Oil prices stabilized after the United States and Russia agreed to talks to stabilize energy markets a day after crude futures hit 18-year lows..