NEW YORK • Stocks fell again on Wall Street Thursday, closing out the worst quarter for the market since the onset of the pandemic in early 2020.

The S&P 500 index lost 0.9%. It’s now down 21% since hitting a record high at the beginning of the year, having entered a bear market earlier in June. The Dow Jones Industrial Average fell 0.8% and the Nasdaq fell 1.3%. Tech stocks and retailers and other companies that rely directly on consumer spending posted some of the biggest losses, as they have all year.

The yield on the 10-year Treasury note fell to 3.01%.

Retailers and other companies that rely directly on consumer spending also posted some of the biggest losses, as they have all year. Amazon slipped 1.9% and Best Buy shed 2.1%.

Rising inflation has been behind much of the slump for the broader market this year as businesses raise prices on everything from food to clothing and consumers are squeezed tighter.