Europe
- Marred by global pandemic fears as COVID-19 spread rapidly across the continent, Italy, then Spain and shortly thereafter most of the remainder of the continent was locked down in order to slow the spread of the virus.
- European equities struggled in the face of a global sell-off; the S&P Europe 350® fell to post its worst monthly and quarterly performance since September 2002.
- The pandemic did little to abate an oil price war between Saudi Arabia and Russia, which has driven crude prices down to multi-decade lows and pulled down the energy sector with it.
